Property profile

0 O. B. Riley Rd Bend, OR 97703

OFF-MARKET
Land
0.45 ac lot
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Property summary

AI-generated overview

This exceptional 0.45-acre commercial and residentially-zoned land parcel presents a unique investment opportunity in Bend, Oregon. Located on O. B. Riley Rd, 97703, this property boasts a highly desirable central location, offering easy access to downtown Bend and the Bend Parkway. Its CG zoning permits a variety of development options, making it ideal for either a high-end office building or a multifamily development under Oregon's HB 3450. The property's proximity to the Deschutes River and Sawyer Park adds significant appeal, while its location near established professional office buildings and the Bend River Promenade ensures strong potential for future growth and high occupancy rates. Infrastructure is readily available, with water lines extending to the property's edge and sewer lines located on O. B. Riley Road. This prime location offers unparalleled convenience and accessibility, making it an exceptional investment for discerning developers seeking a high-value property in a thriving Oregon market. The asking price is $499,000. Don't miss this chance to acquire a piece of Bend's vibrant commercial landscape.

Property profile

Verified
Property type Land
Lot 0.45 ac (19,602 SF)

Cap rate & NOI

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

Location

O. B. Riley 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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