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Property profile & analytics
OFF-MARKET
Land

0 Watt Way Bend, OR 97701

1.32 ac lot
Property ID
Property summary
AI-generated overview

This 1.32-acre commercial land parcel in Bend, Oregon's desirable medical district presents a unique development opportunity. Located on NE Watt Way, near the intersection of Medical Center Drive and Watt Way (zip code 97701), this flat, build-ready lot boasts RH zoning with a medical overlay, ensuring suitability for a wide range of medical-related projects. Utilities are already stubbed to the site, simplifying the construction process. The property benefits from excellent visibility and high traffic counts on 27th Street, averaging 17,974 vehicles daily. Its strategic location places it within close proximity to major medical facilities such as St. Charles Medical Center and Summit Health, as well as convenient access to numerous amenities including CORA physical therapy, Costco, Safeway, Barnes & Noble, Whole Foods, Old Navy, and Walgreens. This is one of only four remaining developable parcels in this thriving medical district, making it a highly sought-after investment. The asking price is $2,012,472. Deschutes County location offers a strong investment potential in a rapidly growing area. Don't miss this chance to secure a prime piece of real estate in Bend's flourishing medical hub.

Property profile
Verified
Property type Land
Lot 1.32 ac (57,499 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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