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    300 Reed Market Rd Bend, OR 97702

    Sponsored
    For Sale
    $2,250,000

    Prime Bend location, 8,561 SF office space.

    Property size:
    8,561 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story, 8,561 square foot executive office building is situated on a 0.67-acre lot in the heart of Bend, Oregon, at 300 SE Reed Market Rd, 97702. Built in 1997, the property boasts a Commercial General (CG) zoning designation and offers 40 parking spaces. The building features a welcoming lobby, spacious waiting areas, multiple conference rooms, four bathrooms, 28 private offices, a convenient kitchen/breakroom, and a modern elevator. The building is designed for single or multi-tenant occupancy, providing flexibility for various business needs. It offers 24/7 access with keyless entry, ensuring convenience and security. High-quality finishes are evident throughout the building, reflecting a commitment to excellence. Its strategic location provides easy access to 3rd Street and the Parkway via a shared access agreement with an adjacent lot, which is also available for purchase. The asking price for this remarkable property is $2,250,000, translating to $263 per square foot.

    Property Features for 300 Reed Market Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,561 SF
    Lot Size
    29,185 SF

    Building Details

    Year Built
    1997

    HighLights

    • Single‑tenant or multi‑tenant office building.
    • 28 private offices, lobby, waiting areas, conference rooms, kitchen/breakroom, four bathrooms, and elevator.
    • Ideal owner‑user opportunity; partial or full building occupancy.
    • 24/7 keyless access and elevator.
    • Attractive two‑story building with high‑quality finishes.
    • Prime Bend location, east of Reed Market/3rd Street intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bend Care Connection Mental Health Service Anne H. Muir, ... Counselor Lotus Building Consultant Budget Car Rental Car Rental Agency Skyline Engineering Engineer

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.3022068
    Latitude
    44.0387741

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Bend location, 8,561 SF office space.
    Where is this office property / space located?
    The property is located at 300 Reed Market Rd Bend, OR.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: Single-tenant or multi-tenant office building.; 28 private offices, lobby, waiting areas, conference rooms, kitchen/breakroom, four bathrooms, and elevator.; Ideal owner-user opportunity; partial or full building occupancy.
    (541) 383-2444
    Request Owner's contact information
    300 Reed Market Rd 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
    300 Reed Market Rd Bend, OR 97702
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