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    Property profile & analytics

    124 Franklin Ave Bend, OR 97703-2908

    • Office buildings
    • 1,947 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $810,000
    Last Sale
    Apr 30, 2021
    $725,000
    Location Intelligence
    Property ID
    US71-0685333
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Stephen Carroll - Ameriprise Financial Services, LLC / Financial Consultant / Financial Planner
    • William Lawler - Ameriprise Financial Services, LLC / Financial Planner / Financial Consultant
    • Juniper Financial LLC / Financial Planner
    • Allison Brock - COUNTRY Financial Representative / Financial Consultant / Financial Planner
    • Erik Janssen - COUNTRY Financial Representative / Insurance Agency / Auto Insurance Agency

    Property Details for 124 Franklin Ave

    Year built
    1924
    Lot size
    0.16 lot acres
    Property size
    1,947 SF
    Property type
    Office buildings
    APN
    171232 DB 06300
    APU
    171232DB06300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $810,000

    • CAP approach

      CAP return
      Estimation
      6%
      $660,000
      6.5%
      $785,000
      7%
      $660,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $740,000
      Geo Method
      $680,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $810,000
      Retail
      $860,000
      Mixed-Use
      $875,000
      Hospitality
      $875,000
      Educational
      $790,000
      Residential Income
      $830,000
      Energy
      $765,000
      Income-Based Land
      $870,000
      Food Service
      $875,000

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.309
    Latitude
    44.0562
    CBSA code
    13460
    CBSA name
    BEND, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,949
    $0.00
    $0.00
    $247,040
    -
    $551,180
    $246,110
    $797,290

    Comparable in this City

    • Value Estimation by Request
      2.74 Acres

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      OFFICE BUILDING • 2.74 Acres
      2220 Labiche Ln, Bend, OR 97703-6748
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    • Value Estimation by Request
      26,023 SF

      1070 Bond St

      OFFICE BUILDING • 26,023 SF
      1070 Bond St, Bend, OR 97703-2044
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    • Value Estimation by Request
      1,590 SF

      725 Broadway St

      OFFICE BUILDING • 1,590 SF
      725 Broadway St, Bend, OR 97703-2778
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    • Value Estimation by Request
      8,424 SF

      2214 Division St

      OFFICE BUILDING • 8,424 SF
      2214 Division St, Bend, OR 97703-3546
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    • Value Estimation by Request
      10,622 SF

      20350 Empire Ave

      OFFICE BUILDING • 10,622 SF
      20350 Empire Ave, Bend, OR 97703-5713
      View Details
    • Value Estimation by Request
      21,000 SF

      63055 Hwy 97

      OFFICE BUILDING • 21,000 SF
      63055 Hwy 97, Bend, OR 97703-5765
      View Details

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    Similar Nearby for Lease

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      Bend Executive Office Space for Lease

      Prestigious Bend office, 3,676 sq ft available.
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    • $12 SF/Yr
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      Bend, OR Office/Warehouse Space

      3,088 SF Available - Deschutes County
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    • $42 SF/Yr
      20,075 SF

      Bend, OR Mixed-Use Commercial Space

      Prime Bend location, retail & office space available.
      0 Ochoa Dr, Bend, OR 97703
      View Details
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    124 Franklin Ave
    Bend, OR 97703-2908
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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