Recreational Land with
For Sale
$275,000
17322 Kingsburg Rd, Bend, OR 97707
Recreational property with a 40x40 shop featuring electricity, water, a finished office, and a loft.
Property Size1,600 SF
Price / SF$171.88
Days on Market159
Property Features for 17322 Kingsburg Rd
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Vacant Land
Additional Details
Utilities to Site
Yes
Listing Agency:
Duke Warner Realty ERA Powered
Listed By:
DJ Quinney · License #201239704
(503) 853-1873
Source:
541sold
Added: May 26
Changed: Oct 26
Last Checked: Oct 7 at 3:15PM
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 Duke Warner Realty ERA Powered
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Investment Insights
Based on property information with market context.
This recreational land offering includes a versatile 40x40 shop designed for storage and flexible on-site use. The shop is fully outfitted with electricity and water, and it includes a finished office plus a loft for additional utility.
The property is described as being just minutes from Sunriver, with the Deschutes River nearby for outdoor recreation such as fishing and kayaking.
A new well was installed in 2020, supporting the property’s water service to the improvements.
The property is described as being just minutes from Sunriver, with the Deschutes River nearby for outdoor recreation such as fishing and kayaking.
A new well was installed in 2020, supporting the property’s water service to the improvements.
Key Highlights
- Recreational property minutes from Sunriver
- 40x40 shop with electricity and water, plus a finished office and a loft
- 40x40 shop suited for storing RVs, boats, and outdoor gear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,942
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,840
$358.8K
Cap Rate 7%
$256,314
$256.3K
Cap Rate 9%
$199,356
$199.4K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$21.7K $13.56/SF
− Vacancy
−$588 −$0.37/SF
EGI
$21.1K $13.19/SF
− OpEx
−$3.2K −$1.98/SF
NOI
$17.9K $11.21/SF
Area
Bend, OR
Vacancy
2.71%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,840
Cap Rate 7%
$256,314
Cap Rate 9%
$199,356
Alternative Uses
Best Use
Warehouse
$256.3K
$224.3K – $299.0K
NOI $17,942 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$691.2K
$604.8K – $806.4K
NOI $48,384 @ 7.0% cap · market cap 17.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Recreation land - Recreational property with a 40x40 shop featuring electricity, water, a finished office, and a loft.
Where is this recreation land located?
The property is located at 17322 Kingsburg Rd Bend, OR.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Recreational property minutes from Sunriver; 40x40 shop with electricity and water, plus a finished office and a loft; 40x40 shop suited for storing RVs, boats, and outdoor gear
