Prime Redevelopment Land in
For Sale
$8,815,000
105 NE Franklin Avenue, Bend, OR 97701
3.53 acres for redevelopment in Bend's Central District.
Property SizeContact for details
Days on Market276
Property Features for 105 NE Franklin Avenue
General Information
Standard status
Active
Property subtype
Commercial Lots & Land
Taxes and HOA fees
Annual Taxes
$42,517
Listing Agency:
Compass Commercial Real Estate
(541) 383-2444
Listed By:
Jay Edward Lyons · License ##200602408
(541) 383-2444
Source:
Allprofessionalsre
Added: Nov 21, 2025
Changed: Aug 23
Last Checked: Aug 22 at 4:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Commercial Real Estate
Investment Insights
Based on property information with market context.
This is an unprecedented opportunity to redevelop 3.53 acres in the heart of Bend. The property is located on the Franklin Corridor, a focal point of Bend's Central District. This neighborhood serves as the gateway to Historic Downtown Bend and is slated for major transformation. The site consists of seven tax lots totaling 3.53 acres. It is located in Bend's Enterprise Zone, Opportunity Zone & Central District (BCD). The BCD Initiative would leverage $4 in private investment funds per $1 of public funds. The property abuts Hwy 97, providing outstanding visibility for future building and signage. Average daily traffic on Hwy 97 is 40,319, and on Franklin is 11,934. An adjacent 1.75+ acre site is to be redeveloped by Brooks Resources. The property includes over $432,000 in System Development Charge (SDC) credits across all parcels. The developable height limit is 65'-85'. There are solid leasing statistics and consistently increasing market rent. There is extremely high demand for multifamily and residential development, along with strong demographics and daytime employment.
Key Highlights
- 3.53 acres in the heart of Bend slated for major transformation.
- Located in Bend's Enterprise Zone, Opportunity Zone & Central District (BCD).
- Over $432,000 SDC credits.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,279
Businesses Nearby
Explore this area
Business Placement
Demographics for 97701, OR
42,159
Population
19,020
Households
2.2
Avg Household Size
38
Median Age
42%
College-Educated
94%
High-School Grad
311.8 sq mi
ZIP Area
135
Density / Sq Mi
$77,969
Median Household Income
$47,431
Median Earnings
$1,700
Median Rent
$567,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 3.53 acres for redevelopment in Bend's Central District.
Where is this land located?
The property is located at 105 NE Franklin Avenue Bend, OR.
What is the asking price?
The asking price for this property is $8,815,000.
What are key features of this property?
This property features: 3.53 acres in the heart of Bend slated for major transformation.; Located in Bend's Enterprise Zone, Opportunity Zone & Central District (BCD).; Over $432,000 SDC credits.
