20160 Cooley Rd Bend, OR 97703

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.