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404 NW 25th St
1.01 Acres of Commercial Land Offered at $750,000 in Redmond, OR 97756
Investment Highlights
- Mixed Use Neighborhood (MUN) land in a dense residential area allowing for commercial/residential development
- Potential uses include single family or mulitfamily, retail/restaurant, professional services, grocery, assisted living, schools, etc.
- All utilities stubbed to the site
- Currently approved for a 12-unit live-work-loft residential/commercial development with a commercial ground floor component in each unit
- Flat and shovel ready
- Situated in a rapidly growing area with easy access to major roads, shopping, dining, and recreational amenities
Property Facts
1 Lot Available
Lot
| Price | $750,000 | Lot Size | 1.01 AC |
| Price Per AC | $742,574 |
| Price | $750,000 |
| Price Per AC | $742,574 |
| Lot Size | 1.01 AC |
This flat, shovel-ready lot totaling 1.01 acres/43,631 SF has all utilities stubbed to the site. The MUN zoning allows for commercial/residential development with approvals in place for a 12-unit live/work/loft development.
Description
Seize this exceptional opportunity to develop a versatile property at 404 NW 25th Street in the thriving community of Redmond, OR. This vacant building site is a prime canvas for your vision, whether it's residential, commercial, or a blend of both, thanks to its advantageous MUN zoning. The MUN zoning designation in Redmond is designed to promote the development of pedestrian-friendly neighborhoods that combine residential, commercial, and community spaces. This zone encourages a blend of uses that create vibrant, sustainable, and convenient living environments.
PROPERTY TAXES
| Parcel Number | 243749 | Improvements Assessment | $0 |
| Land Assessment | $82,120 | Total Assessment | $82,120 |
PROPERTY TAXES
zoning
| Zoning Code | MUN |
| MUN |
Presented by
404 NW 25th St
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