17037 Downey Road Bend, OR 97707
LAND - Bend, OR
Property Features for 17037 Downey Road
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 115626
- Size
- 1,920 SF
- Lot size
- 0.57 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 660
Utilities
- Utilities
- Cable Available
- Water source
- Well
Building Details
- Additional Structures
- Storage
Listing agent Keith Petersen License #980500151 (541) 815-0906
Listing office Century 21 North Homes Realty 57084 Grizzly Lane, Bend, OR (541) 593-8688
Listing date Oct 9, 2025
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Investment Insights
Based on property information with market context.
Key Highlights
- .57 acre lot with a 40 x 48 shop
- Shop includes auto lift, air compressor, and high‑end LED lights
- Shop is insulated and plywood sheeted with a concrete floor
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.0k | $13.56 |
| − Vacancy | −$706 | −$0.37 |
| EGI | $25.3k | $13.19 |
| − OpEx | −$7.6k | −$3.96 |
| NOI | $17.7k | $9.23 |
Alternative Uses
Property Analytics
Current Use by Public Records
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