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Property profile & analytics
OFF-MARKET
Estimated value
$6,260,000
Auto shops
1045 3rd St Bend, OR 97702-2142
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1387895
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1999
Total area
11,155 SF
Lot
1.31 ac (57,064 SF)
APN
181205 DD 00203
UPID
US71-1387895
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
-
Audi Bend Car Dealership
-
Advanced Mobility of Bend, LLC General Contractor Construction Company
-
Kendall Audi-Porsche-BMW of Bend Car Dealership
-
Kendall Auto Center of Bend Car Dealership
-
Audi Bend Service & Parts Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.26M
Blend (final)
Blend
$6.26M
Owner & transaction history
State Of Oregon · 5 yrs held
State Of Oregon
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.5M
+5.7%
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
AUTO REPAIR, GARAGE
$4,265,000
Current use
RETAIL STORES
$4,505,000
Change: +6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,255,000
Change: 0% · Conversion: Difficult
RESTAURANT
$4,135,000
Change: -3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,885,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$6.26M
Range $5.63M – $6.89M · ±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
$561 / 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
$44,556
Tax year 2023
Assessed value
$2,787,040
Assessed 2023
Previous assessed
$2,787,040
+0.0% YoY
Effective rate
1.60%
On assessed value
Land market value
$1,556,660
Improvement market value
$3,330,590
Total market value
$4,887,250
Applied tax rate
1,001.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1999
Heating
NONE
Buildings
2
Total area
11,155 SF
Lot
1.31 ac (57,064 SF)
APN
181205 DD 00203
UPID
US71-1387895
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
AUTO REPAIR, GARAGE Current
Est. value
$4.3M
RETAIL STORES
Est. value
$4.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.3M
RESTAURANT
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$3.9M
AUTO REPAIR, GARAGE Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
COMMERCIAL (GENERAL)
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
1999
Heating
NONE
Buildings
2
Lot
1.31 ac
Current owner
From public records · entity-resolved
State Of Oregon
Individual
Mailing address
3449 E COPPER PT DR, MERIDIAN, ID 83642-6731
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2021
—
State Of Oregon
Advanced Mobility Of Bend LLC
Quitclaim Deed
related
—
Mar 10, 2021
$10,000
State Of Oregon
Bde Properties LLC
Warranty Deed
—
Oct 26, 2017
—
Bend Auto Mall LLC
—
Grant Deed
related
$7,043,000 · Wells Fargo Bk
Jul 9, 2014
$10,500,000
Bend Auto Mall LLC
Third Division Properties LLC
Trustees Deed
$8,400,000 · Wells Fargo Bk
Mar 3, 2014
—
Kendall Dev Group LLC
Third Division Properties LLC
Quit Claim Deed
related
—
Feb 5, 2007
—
Third Division Properties LLC
—
Grant Deed
related
$6,500,000 · Us Bk
—
—
Third Division Properties LLC
—
Loan Modification
related
$904,950 · Keybank USA
—
—
Third Division Properties LLC
—
Loan Modification
related
$904,950 · Keybank USA
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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