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Insulated Flex Workshop
For Sale
$335,000

17177 Glendale Road, Bend, OR 97707

Land, Bend, OR

Property Size1,968 SF
Lot Size0.49 Acres
Price / SF$170.22
Days on Market49

Property Features for 17177 Glendale Road

General Information

Property type Land
Property subtype Other
Zoning description RR10, LM, WA
Subdivision Deschutes River Recreation Homesites
Lot features Level, Native Plants, Wooded
View Territorial, Forest
Elementary school Three Rivers Elem
Middle school Three Rivers
High school Caldera High
Standard status Active
APN 116164
Lot size 0.49 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 100

Amenities

basketball hoop
covered patio

Building Details

Additional Structures Storage
Listing Agency: High Desert Realty, LLC
Listed By: Ken M. Mucha · License #200111030
Added: Aug 27 Changed: Sep 29 Last Checked: Oct 14 at 4:06PM
MLS# 220227774

Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,968-square-foot flex workshop sits on a 0.49-acre lot. The insulated post-frame building has 16-foot ceilings, R-19 insulation, two 12-by-14-foot overhead doors with LiftMaster Wi-Fi jackscrew openers, and 200-amp electrical service. Additional features include a dedicated RV plug, exterior GFCI outlets, a 12-by-48-foot lean-to, a 4-foot concrete approach apron, and a 12-by-12-foot covered patio at the entrance. A basketball hoop is installed inside.

The property is near the Deschutes River and Sunriver Resort. The building’s service and covered areas provide practical space for workshop or equipment-storage needs.

Key Highlights

  • 1,968‑square‑foot insulated post‑frame flex workshop on 0.49 acres
  • 16‑foot ceilings and R‑19 insulation
  • Two 12'x14' overhead doors with LiftMaster Wi‑Fi jackscrew openers

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,802
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,040 $536.0K
Cap Rate 7%
$382,886 $382.9K
Cap Rate 9%
$297,800 $297.8K
Market Conditions
NOI Build-Up for 1,968 SF
Gross rent
$42.5K $21.60/SF
− Vacancy
−$1.3K −$0.65/SF
EGI
$41.2K $20.95/SF
− OpEx
−$14.4K −$7.33/SF
NOI
$26.8K $13.62/SF
Area
Bend, OR
Vacancy
3.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,040
Cap Rate 7%
$382,886
Cap Rate 9%
$297,800

Alternative Uses

Best Use
Flex RnD
$382.9K
$335.0K – $446.7K (±1% cap)
NOI $26,802 @ 7.0% cap · market cap 8.00%
Second Best
Warehouse
$315.3K
$275.9K – $367.8K (±1% cap)
NOI $22,068 @ 7.0% cap · market cap 6.59%
Theoretical Best
Specialty Retail
$850.2K
$743.9K – $991.9K (±1% cap)
NOI $59,512 @ 7.0% cap · market cap 17.76%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
2
Drive-in doors

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97707, OR

7,833
Population
8,021
Households
1
Avg Household Size
54
Median Age
50%
College-Educated
98%
High-School Grad
62.7 sq mi
ZIP Area
125
Density / Sq Mi
$83,405
Median Household Income
$52,284
Median Earnings
$2,298
Median Rent
$559,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Post-frame construction, substantial electrical service, and covered exterior areas support a range of workshop configurations.
Where is this flex space located?
The property is located at 17177 Glendale Road Bend, OR.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 1,968‑square‑foot insulated post‑frame flex workshop on 0.49 acres; 16‑foot ceilings and R‑19 insulation; Two 12'x14' overhead doors with LiftMaster Wi‑Fi jackscrew openers
More about this property
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