Build-Ready Parcel with Finished
60148 Stirling Drive Bend, OR 97702
For Sale
$640,000
LAND - Bend, OR
Property Size1,800 SF
Lot Size17.08 Acres
Price / SF$355.56
Days on Market374
Property Features for 60148 Stirling Drive
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 275713
- Lot size
- 17.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3950
Utilities
- Sewer type
- Septic Tank
- Water source
- Public
Building Details
- Additional Structures
- Storage
Listing Agency:
RE/MAX Key Properties
(541) 728-0033
Listed By:
Jake Moorhead · License #201206023
(541) 480-6790
Added: Jul 17, 2025
Changed: Jul 25
Last Checked: Jul 25 at 6:06PM
MLS# 220206002
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 17.08-acre parcel is described as build-ready with an approved Conditional Use Permit for a single-family residence. A fully finished and insulated 1,800 SF shop is already in place, including a full bathroom and a mini-split heating and cooling system. The property also includes a permitted septic, supporting immediate on-site utility for residential development and shop use.
The site is in Bend, Oregon within Deschutes County and provides elevation with mountain-view living. The remarks indicate immediate access to ample National Forest acres for recreation. Avion Water service is connected to the property, and the location is described as just minutes from Bend-area amenities.
For tenants, buyers, or owners looking for space to combine a primary residence with a functional outbuilding, the existing shop and permitted systems can streamline early operations. The approved entitlement for a single-family home gives a clear development path while retaining the broader acreage for estate-style use and recreation-oriented living.
The site is in Bend, Oregon within Deschutes County and provides elevation with mountain-view living. The remarks indicate immediate access to ample National Forest acres for recreation. Avion Water service is connected to the property, and the location is described as just minutes from Bend-area amenities.
For tenants, buyers, or owners looking for space to combine a primary residence with a functional outbuilding, the existing shop and permitted systems can streamline early operations. The approved entitlement for a single-family home gives a clear development path while retaining the broader acreage for estate-style use and recreation-oriented living.
Key Highlights
- Approved Conditional Use Permit for single‑family residence.
- Fully finished and insulated 1800sf shop with bathroom, mini‑split, and permitted septic.
- 17.08‑acre parcel with stunning mountain views and sunrise/sunset views.
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 | $38.9k | $21.60 |
| − Vacancy | −$1.2k | −$0.65 |
| EGI | $37.7k | $20.95 |
| − OpEx | −$13.2k | −$7.33 |
| NOI | $24.5k | $13.62 |
1,800 SF · lease $21.60/SF/yr · vacancy 3.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$350.2K
$306.4K – $408.6K
NOI $24,514 @ 7.0% cap · market cap 3.83%
Second Best
Industrial
$237.5K
$207.8K – $277.1K
NOI $16,623 @ 7.0% cap · market cap 2.60%
Theoretical Best
Specialty Retail
$777.6K
$680.4K – $907.2K
NOI $54,432 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
FAQs
What type of property is this?
Residential land & home lot - 17+ acre parcel with an approved conditional use permit and an insulated, finished shop with bathroom and permitted septic.
Where is this residential land & home lot located?
The property is located at 60148 Stirling Drive Bend, OR.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Approved Conditional Use Permit for single‑family residence.; Fully finished and insulated 1800sf shop with bathroom, mini‑split, and permitted septic.; 17.08‑acre parcel with stunning mountain views and sunrise/sunset views.
