Two-Level Office
New
For Sale
$1,395,000
750 S Buckaroo Trail, Sisters, OR 97759
Flexible office configuration with a kitchenette, private balconies, bathrooms, and new HVAC systems.
Property Size5,888 SF
Price / SF$236.92
Days on Market2
Property Features for 750 S Buckaroo Trail
General Information
Standard status
Active
Size
5,888 SF
Property subtype
Commercial
Occupancy
100%
Additional Details
Sprinkler System
Yes
Office Units
10
Amenities
kitchenette
private balconies
fenced backyard common area with paver patios
9-foot ceilings
new HVAC systems
campus amenities
Building Details
Year Built
2004
Buildings
1
Stories
2
Tenancy
Single
Listing Agency:
Invest in Bend Real Estate
Listed By:
Jessie Isaksen · License #c12169
Source:
Buyingbend
Added: Sep 5
Last Checked: Sep 6 at 4:30AM
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 Invest in Bend Real Estate
Investment Insights
Based on property information with market context.
Built in 2004, this 5,888 SF office building includes 10 individual office spaces arranged across two levels. Each floor features 9-foot ceilings, while the building also provides a kitchenette, first-floor bathrooms, and private balconies facing the fenced backyard common area with paver patios. A sprinkler system and new HVAC systems are in place.
The layout supports individual office occupancy or use by a single company and is currently occupied by one company. Located within the Five Pines campus, the property connects by paths to Five Pines Lodge, restaurants, a moviehouse, and an athletic club. Downtown Sisters is also just minutes away.
The layout supports individual office occupancy or use by a single company and is currently occupied by one company. Located within the Five Pines campus, the property connects by paths to Five Pines Lodge, restaurants, a moviehouse, and an athletic club. Downtown Sisters is also just minutes away.
Key Highlights
- 5,888 SF office building constructed in 2004
- 10 individual office spaces across two levels
- 9‑foot ceilings on both levels
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$84,555
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,691,100
$1.7M
Cap Rate 7%
$1,207,929
$1.2M
Cap Rate 9%
$939,500
$939.5K
Market Conditions
NOI Build-Up for 5,888 SF
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.
Gross rent
$120.1K $20.40/SF
− Vacancy
−$7.4K −$1.25/SF
EGI
$112.7K $19.15/SF
− OpEx
−$28.2K −$4.79/SF
NOI
$84.6K $14.36/SF
Area
Deschutes County, OR
Vacancy
6.14%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,691,100
Cap Rate 7%
$1,207,929
Cap Rate 9%
$939,500
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,555 @ 7.0% cap · market cap 6.06%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$2.03M
$1.77M – $2.36M
NOI $141,849 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
10
Office units
100%
Occupancy
Single-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
Explore this area
Business Placement
Demographics for 97759, OR
7,787
Population
5,110
Households
1.5
Avg Household Size
55
Median Age
49%
College-Educated
95%
High-School Grad
545.7 sq mi
ZIP Area
14
Density / Sq Mi
$100,848
Median Household Income
$39,237
Median Earnings
$1,402
Median Rent
$695,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Flexible office configuration with a kitchenette, private balconies, bathrooms, and new HVAC systems.
Where is this office building located?
The property is located at 750 S Buckaroo Trail Sisters, OR.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 5,888 SF office building constructed in 2004; 10 individual office spaces across two levels; 9‑foot ceilings on both levels
