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Property profile & analytics
OFF-MARKET
Estimated value
$2,600,000
Bars & Pubs
1044 Bond St Bend, OR 97703-2002
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US71-0510541
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1988
Total area
5,600 SF
Lot
0.16 ac (6,970 SF)
APN
171232 AC 07900
UPID
US71-0510541
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
Current use
Occupant on record · Public records
-
Carter Knife Company Production Facility
-
Deschutes Brewery Bend Public House Nightclub Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.60M
Blend (final)
Blend
$2.60M
Owner & transaction history
Deschutes Brewery INC · 6 yrs held
Deschutes Brewery INC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.3M
+9.0%
Auto repair, garage
$2.1M
+3.2%
Apartment house (5+ units)
$2.1M
+3.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bend submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,075,000
Current use
RETAIL STORES
$2,260,000
Change: +9% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,140,000
Change: +3% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,135,000
Change: +3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,950,000
Change: -6% · Conversion: Easy
MEDICAL BUILDING
$1,785,000
Change: -14% · Conversion: Difficult
OFFICE BUILDING
$1,745,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$2.60M
Range $2.34M – $2.86M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$464 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,556
Tax year 2023
Assessed value
$1,348,360
Assessed 2023
Previous assessed
$1,270,970
+6.1% YoY
Effective rate
1.60%
On assessed value
Land market value
$1,665,410
Improvement market value
$1,369,140
Total market value
$3,034,550
Applied tax rate
1,061.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1988
Heating
NONE
Total area
5,600 SF
Lot
0.16 ac (6,970 SF)
APN
171232 AC 07900
UPID
US71-0510541
Jurisdiction
DESCHUTES
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.1M
RETAIL STORES
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.7M
RESTAURANT Current
RETAIL STORES
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Deschutes Brewery INC
Entity
Mailing address
1044 NW BOND ST, BEND, OR 97703-2002
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2020
—
Deschutes Brewery INC
—
Deed
related
$35,000,000 · Wells Fargo Bk
Mar 24, 2017
—
Deschutes Brewery INC
—
Loan Modification
related
$55,000,000 · Wells Fargo Bk
Dec 30, 2009
—
Deschutes Brewery INC
—
Trustees Deed
related
$2,782,261 · Wells Fargo Bank
Nov 18, 2009
—
Deschutes Brewery INC
—
Deed Of Trust
related
$24,989,583 · Wells Fargo Bank
—
—
Deschutes Brewery INC
—
Loan Modification
related
$27,500,000 · Wells Fargo Bank
—
—
Deschutes Brewery INC
—
Loan Modification
related
$35,000,000 · Wells Fargo Bk
—
—
Deschutes Brewery INC
—
Deed Of Trust
related
$22,500,000 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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