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    The Largest CRE Database in the US with Over 1 Million Listings

    62062 Dean Swift Rd Bend, OR 97701

    Sponsored
    For Sale
    $975,000

    LAND - Bend, OR

    Lot size:
    0.28 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 26 at 4:06 pm

    Property Features for 62062 Dean Swift Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RM
    APN
    282259
    Lot size
    0.28 Acres

    We can help!

    Listing Contact
    Jonathan Minerick
    Jonathan Minerick

    homecoin.com (888) 400-2513

    Listing agent Jonathan Minerick (888) 400-2513

    Listing date Feb 25, 2026

    MLS# 788015724

    Copyright © 2026 Regional Multiple Listing Services. 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

    Bend, OR Mixed-Use Lots

    Three mixed residential zoned bare lots are available for sale. These flat lots are ready to build and include paving, curbs, sidewalks, water, sewer, gas, and electric. The special zoning permits building duplexes with street-level low impact businesses and additional levels above for homes, with the potential to rent the business levels and homes together or separately. The subdivision is also approved for attached or detached townhomes, so buildings on separate lots may be joined or partially joined at the lot lines to reduce setback requirements and allow for 60% lot coverage. The front entrances of the structures would be on Dean Swift to the west with a 5' setback and a driveway access from Gracie Lane with an 18' setback. Lot 809 and 810 are larger to accommodate driveways with access for 809 through the driveway of 810. Lot 171234DC00809 is 4,180 sq ft measuring 110' x 38', Lot 171234DC00810 is 4,260 sq ft measuring 110' x 38' + 4' x 20', and Lot 171234DC00811 is 3,420 sq ft measuring 90' x 38'. The total lot size is 0.28 acres. The old tract address being used for the ease of location of these three developed bare lots is 62062 Dean Swift Rd, Bend, OR 97701.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.270688
    Latitude
    44.053761

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    FAQs

    What type of property is this?
    Residential land & home lot - Three mixed residential zoned lots ready for development in Bend.
    Where is this residential land & home lot located?
    The property is located at 62062 Dean Swift Rd Bend, OR.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Mixed residential zoning allows for duplexes with street-level business and residential levels above, offering flexible rental income potential.; - Lots are flat and ready to build with all utilities already in place.; - Approved for attached or detached townhomes, enabling joining or partial joining of buildings across lots to maximize lot coverage.
    (888) 400-2513
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    62062 Dean Swift Rd Bend, OR 97701
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    Bend, OR 97701
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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
    62062 Dean Swift Rd Bend, OR 97701
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    Listing Contact
    Jonathan Minerick
    Jonathan Minerick
    Real Estate License ID: 6502431542
    (888) 400-2513 (404) 388-9441
    Learn more
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