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Bend Industrial Building For Sale

20680 Carmen Loop Bend, OR 97702

20680 Carmen Loop, Bend, OR, 97702
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11,490 SF industrial building with office space in Bend.

Property Size11,490 SF
Lot Size0.50 Acres
Price / SF$250
AddedMay 22
Days on Market55
Last RefreshMay 27 at 8:19 am

Property Features for 20680 Carmen Loop

General Information

Standard status
Active
Size
11,490 SF
Lot size
0.50 Acres
Property subtype
Industrial

Building Details

Year Built
2005

Listing office Compass Commercial Real Estate Services

Listing date May 22, 2026

Source Crexi

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 Services


Investment Insights

Based on property information with market context.

This offering features an 11,490 square foot standalone industrial building on 0.50 acres in Bend's American Loop Industrial Park. The property has a flexible layout that includes two open warehouse areas and multiple grade-level roll-up doors. It also features an approximately 3,509 square foot two-story office component with modern finishes, conference space, and a kitchenette. The configuration allows for potential division into multiple suites, which would allow an owner-user to occupy a portion while leasing additional space for income. The building is leased through June 30, 2026, providing near-term income with future owner-user or repositioning potential. With convenient access to SE Reed Market Road, the property offers connectivity to U.S. 97, the Bend Airport, and surrounding eastside industrial districts. The combination of warehouse and office space supports a range of industrial and service users, with on-site parking to accommodate employees and operations. The adjacent property at 20676 Carmen Loop (14,200 SF) on 0.82 acre is also available for sale, offering a potential opportunity to expand into a multi-building industrial campus.

Key Highlights

  • 11,490 SF standalone industrial building with flexible layout and two open warehouse areas.
  • Leased through June 30, 2026, providing near‑term income with future owner‑user potential.
  • Well‑appointed ±3,509 SF two‑story office component with modern finishes, conference space, and kitchenette.

Local Financial Insights For Flex RnD

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 $248.2k $21.60
− Vacancy −$7.4k −$0.65
EGI $240.7k $20.95
− OpEx −$84.3k −$7.33
NOI $156.5k $13.62
11,490 SF · lease $21.60/SF/yr · vacancy 3.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$2.24M
$1.96M – $2.61M (±1% cap)
NOI $156,480 @ 7.0% cap · market cap 5.45%
Second Best
Warehouse
$1.84M
$1.61M – $2.15M (±1% cap)
NOI $128,845 @ 7.0% cap · market cap 4.49%
Theoretical Best
Specialty Retail
$4.96M
$4.34M – $5.79M (±1% cap)
NOI $347,458 @ 7.0% cap · market cap 12.10%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Lee Ramsey Plumbing Plumbing Service Cv International Corporate Office

Suggested Use

Real Estate Agency Law Firm Dental Office Restaurant Grocery & Convenience Store Pharmacy Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) Store Accounting Firm

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

Similar Off Market Nearby

  • Korean Food by All Elements — 1177 SE 9th St, Bend, OR 97702

FAQs

What type of property is this?
Flex space - 11,490 SF industrial building with office space in Bend.
Where is this flex space located?
The property is located at 20680 Carmen Loop Bend, OR.
What is the asking price?
The asking price for this property is $2,872,500.
What are key features of this property?
This property features: 11,490 SF standalone industrial building with flexible layout and two open warehouse areas.; Leased through June 30, 2026, providing near‑term income with future owner‑user potential.; Well‑appointed ±3,509 SF two‑story office component with modern finishes, conference space, and kitchenette.
Contact an agent
(541) 410-6519 Call to check price and availability
More about this property
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