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    Coombs Pl Bend, OR 97702

    Sponsored
    For Sale
    $2,509,080

    1.44 Acres, CG Zoned, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.44-acre commercial land parcel presents a rare development opportunity in Bend, Oregon. Located in the heart of the SE Bend retail trade center, this property boasts a highly desirable Commercial General (CG) zoning designation. Its strategic location offers unparalleled visibility from the heavily trafficked US Highway 97 (Bend Parkway), with an impressive average daily traffic count of 48,735 vehicles. The property is ideally situated adjacent to a Walmart Supercenter and St. Charles Health Bend South Family Care and Urgent Care clinics, ensuring high foot traffic and strong consumer presence. The site itself is development-ready, featuring flat topography and readily accessible utilities within the right-of-way, simplifying the construction process. This prime location benefits from exceptional demographics, with over 34,000 residences within a 10-minute drive. Furthermore, anticipated urban growth boundary (UGB) expansion and master plans project an additional 5,200+ homes within the next 3-5 years, promising significant future growth and increased property value. This presents a unique chance to capitalize on Bend's thriving commercial market and secure a prominent position in a rapidly expanding area. The asking price is $2,509,080. The property is located at Southeast Coombs Place, Bend, Oregon, 97702, in Deschutes County.

    Property Features for 0 Coombs Pl

    General Information

    Property type
    Land
    Lot Size
    62,726 SF

    HighLights

    • 1.44‑acre commercial lot in Bend, Oregon's SE retail trade center, zoned Commercial General (CG).
    • High visibility from US Highway 97 (Bend Parkway), with 48,735 AADT.
    • Development‑ready site with flat topography and accessible utilities; adjacent to Walmart and St. Charles Health facilities.
    • 34,000+ homes within a 10‑minute drive; projected growth of 5,200+ homes in 3‑5 years.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.3162314
    Latitude
    44.0254981

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    FAQs

    What type of property is this?
    Land - 1.44 Acres, CG Zoned, High Visibility
    Where is this land located?
    The property is located at Coombs Pl Bend, OR.
    What is the asking price?
    The asking price for this property is $2,509,080.
    What are key features of this property?
    This property features: 1.44-acre commercial lot in Bend, Oregon's SE retail trade center, zoned Commercial General (CG).; High visibility from US Highway 97 (Bend Parkway), with 48,735 AADT.; Development-ready site with flat topography and accessible utilities; adjacent to Walmart and St. Charles Health facilities.
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    Coombs Pl Bend, OR 97702
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    Bend, OR 97702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Coombs Pl Bend, OR 97702
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