Property profile

0 Bull Springs Rd Bend, OR 97703

OFF-MARKET
Land
32995 ac lot
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Property summary

AI-generated overview

Exceptional opportunity to acquire 32,995+ contiguous acres of prime timberland near Bend, Oregon. This property, originally listed at $127 million, is now offered at a significantly reduced price of $95 million. Boasting over 80% highly productive timberland, primarily Ponderosa Pine (approximately 71,905 MBF of merchantable timber), the land features diverse terrain with elevations ranging from 3,600 to 5,600 feet. Abundant water resources include Three Creek, Bull Creek, Bull Springs Creek, and the Snow Creek Irrigation ditch. Conveniently accessed year-round via multiple public roads, the property is minutes from Bend and Sisters, offering unparalleled recreational opportunities. Surrounded by the Deschutes National Forest, it provides exceptional hunting, fishing, and other outdoor activities. Its proximity to Bend, a rapidly growing city, presents significant long-term appreciation potential and diverse development possibilities, including residential, commercial, and tourism ventures. The property's rich history in logging and its current conservation potential make it a unique investment. The current zoning (F1 Forest Use Zone) allows for various uses, including single-family dwellings, subject to conditions. The climate is semi-arid, high desert, with average precipitation of 10-15 inches. Nearby amenities include Mt. Bachelor ski resort, the Deschutes River, and the Old Mill District in Bend. The property's wildlife habitat supports a variety of species, including mule deer, elk, and various birds. This exceptional offering combines lucrative timber resources, abundant recreational opportunities, and substantial development potential in a highly desirable location.

Property profile

Verified
Property type Land
Lot 32995 ac (1,437,262,200 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Bull Springs Rd Bend, OR 97703
Bend metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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