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    20160 Cooley Rd Bend, OR 97703

    Sponsored
    For Sale
    $14,600,000

    14.61 Acres, Zoned CG, High Growth Area

    Property size:
    636,412 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 14.61-acre commercial property presents a prime development opportunity in Bend, Oregon's burgeoning Urban Growth Boundary. Strategically located just off the parkway/OB Riley Road, this CG-zoned parcel offers unparalleled potential for a variety of commercial ventures. The property's zoning designation, as per the latest Comprehensive Plan, ensures flexibility for future development plans. Adding to its appeal, the site includes existing income-producing structures: a 1,561 square-foot, three-bedroom, two-bathroom single-family home, and a 1,440 square-foot, three-bedroom, one-bathroom manufactured home. Several additional outbuildings are also present on the property. Current tenants are on month-to-month leases, generating a combined monthly rental income of $1825. The property's proximity to the forthcoming Costco further enhances its desirability and projected future value. With a total building area of 636,412 square feet, this expansive parcel offers significant development potential in a rapidly growing area. This is a rare chance to acquire a substantial land holding in a highly sought-after location, poised for significant appreciation. The asking price is $14,600,000.

    Property Features for 20160 Cooley Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    636,412 SF
    Lot Size
    636,412 SF

    Building Details

    Year Built
    2023
    Location Intelligence

    Current Use by Public Records

    Firewood Fury Firewood Supplier Superior Snow Solutions Advertising Agency

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.3153
    Latitude
    44.11039

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    FAQs

    What type of property is this?
    Commercial real estate - 14.61 Acres, Zoned CG, High Growth Area
    Where is this commercial real estate located?
    The property is located at 20160 Cooley Rd Bend, OR.
    What is the asking price?
    The asking price for this property is $14,600,000.
    (541) 312-2113
    Request Owner's contact information
    20160 Cooley Rd Bend, OR 97703
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    Bend, OR 97703
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    Realmo Value Estimation

    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.

    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.

    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
    20160 Cooley Rd Bend, OR 97703
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