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    1221 NE Medical Center Dr Bend, OR 97701

    For Sale
    $1,646,568

    Ready-to-build land parcel in the Medical Overlay District.

    Property size:
    1 SF
    Lot size:
    1.08 Acres

    Property Features for 1221 NE Medical Center Dr

    General Information

    Size
    1 SF
    Lot size
    1.08 Acres

    Source: Walt Ramage Agent Walt Ramage

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Overlay District Land Parcel

    This is a flat, ready-to-build parcel with utilities stubbed to the site. It is zoned RH in the Medical Overlay District. The property is one of four remaining developable parcels in the medical district. Located on the lighted corner of 27th St & Medical Center Dr, the site benefits from excellent traffic counts on 27th St, recorded at 17,974. Nearby amenities include St Charles Medical Center, Summit Health, and CORA. Shopping options in the vicinity include Costco, Safeway, Barnes & Noble, Whole Foods, Old Navy, and Walgreens. The property size is 1 acre.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.2642923
    Latitude
    44.0625261

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    FAQs

    What type of property is this?
    Land - Ready-to-build land parcel in the Medical Overlay District.
    Where is this land located?
    The property is located at 1221 NE Medical Center Dr Bend, OR.
    What is the asking price?
    The asking price for this property is $1,646,568.
    What are key features of this property?
    This property features: - RH zoning in the Medical Overlay District; - Ready to build parcel with utilities stubbed to site; - One of four remaining developable parcels in the medical district
    (541) 771-8260
    Request Owner's contact information
    1221 NE Medical Center Dr Bend, OR 97701
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    Bend, OR 97701
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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
    1221 NE Medical Center Dr Bend, OR 97701
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