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    19885 7Th St Bend, OR 97703

    View on Map
    Sponsored
    For Sale
    $3,250,000

    COMMERCIAL - Bend, OR

    Property size:
    9,383 SF
    Lot size:
    0.46 Acres
    Days on Market:
    75
    Last Refresh:
    Mar 25 at 10:06 pm

    Property Features for 19885 7Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Security features
    Security System
    Window features
    Double Pane Windows, Skylight(s), Aluminum Frames
    APN
    133534
    Parking features
    On Street, Carport, Driveway, Garage, Parking Lot
    Patio and Porch features
    Patio, Deck
    Interior features
    Built-in Features, Granite Counters, Smart Lighting, Solid Surface Counters, Vaulted Ceiling(s), Wired for Data
    Exterior features
    Courtyard, Fire Pit
    Size
    9,383 SF
    Lot size
    0.46 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Forced Air, Propane (Heating), Electric (Heating), Heat Pump (Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    2022
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Hardwood, Concrete
    Building materials
    Frame
    Roof type
    Composition

    We can help!

    Listing Contact
    A'Leah Dee Knight

    RE/MAX Key Properties

    Listing agent A'Leah Dee Knight

    Listing date Jan 9, 2026

    MLS# 220179846

    Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Mixed-Use Building in Downtown Tumalo

    This new mixed-use building is located in downtown Tumalo. The architecture blends Central Oregon design with Tuscan inspiration. Currently approved and used for retail, offices, and manufacturing, the building is set up to be divided into three suites, each with separate HVAC and electrical systems. A sewer system is in development that will expand usage possibilities to virtually anything allowed in the TUC zone, including restaurants and a boutique hotel. The exterior features rock, copper roof accents and gutters, presidential shingles, and raw metal siding. The interior includes light fixtures, solid wood doors, and trim. There are over 70 commercial storefront doors, windows, and skylights. Suite 100 comprises 1190 square feet of retail space, a 160-square-foot back stock area, two bathrooms, a custom bar, and a fireplace. Suite 200 features a large common area, two bathrooms, four offices, and an 1100-square-foot conference room. Suite 300 includes a kitchen, bathroom, and office. All suites are joined by a tunnel with a 1300-square-foot reception area, courtyard, and parking lot. The building has a total size of 9383 square feet and is situated on a 0.46-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Heritage Brand (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Building Supply Pharmacy Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.329889
    Latitude
    44.146422

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    FAQs

    What type of property is this?
    Mixed-use property - New mixed-use building suitable for retail, office, and manufacturing.
    Where is this mixed-use property located?
    The property is located at 19885 7Th St Bend, OR.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: - Versatile mixed-use building approved for retail, offices, and manufacturing. Potential for restaurants or a boutique hotel.; - Divisible into three suites, each with separate HVAC and electrical systems.; - High-end finishes include $75k worth of light fixtures, solid wood doors and trim, and granite counters.
    (541) 390-1576
    Request Owner's contact information
    19885 7Th St Bend, OR 97703
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    Bend, OR 97703
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19885 7Th St Bend, OR 97703
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    We can help!
    Listing Contact
    A'Leah Dee Knight
    Real Estate License ID: 201224343
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