This 7.04-acre mixed-use development site at 4561 SW 39th St, Redmond, Oregon, offers a prime opportunity in one of Central Oregon’s fastest-growing markets. Priced at $2,700,000 ($9.03/SF), the property is positioned within the Urban Growth Boundary and is slated for Mixed-Use Neighborhood (MUN) zoning upon annexation, allowing multifamily, small-scale retail, office, and restaurant uses.
The site features flat topography, city water and sewer in adjacent streets, and a 1,950 SF home with rental income during entitlement. Located across from Ridgeview High School and near the Westmount development (Sunriver Brewing, Backporch Coffee), it benefits from excellent exposure and strong market momentum.
With easy Hwy 97 access and projected 1.58% annual population growth through 2028, this property is perfectly positioned for a vibrant, walkable development aligned with Redmond’s 2040 Comprehensive Plan.