0 Coombs Pl Bend, OR 97702
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.
Cap rate
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Property description
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