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Property profile & analytics
OFF-MARKET
Estimated value
$10,100,000
Retail space
1310 Reed Market Rd Bend, OR 97702-3583
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US71-0282383
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
2000
Total area
27,194 SF
Lot
3.18 ac (138,521 SF)
APN
181204 DD 01400
UPID
US71-0282383
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
-
Ralph Gracie Brazilian Jiu-Jitsu (BJJ) - Bend Training Center Sports School
-
BACK IN ACTION Fitness Equipment Gym & Fitness Center (Bike/Boat/Book/etc) Store
-
MMA Bend Training Center Sports School
-
Bend Personal Trainers Physician
-
William Blake Matlock Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.10M
Blend (final)
Blend
$10.10M
Owner & transaction history
James Robert Laner · 4 yrs held
James Robert Laner
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
RETAIL STORES
$10,985,000
Current use
AUTO REPAIR, GARAGE
$10,395,000
Change: -5% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$10,375,000
Change: -6% · Conversion: Difficult
RESTAURANT
$10,075,000
Change: -8% · Conversion: Easy
COMMERCIAL (GENERAL)
$9,465,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$10.10M
Range $9.09M – $11.11M · ±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
$371 / 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
$50,938
Tax year 2023
Assessed value
$3,186,260
Assessed 2023
Previous assessed
$3,003,360
+6.1% YoY
Effective rate
1.60%
On assessed value
Land market value
$853,880
Improvement market value
$5,737,020
Total market value
$6,590,900
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
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
2000
Heating
NONE
Buildings
4
Stories
2
Total area
27,194 SF
Lot
3.18 ac (138,521 SF)
APN
181204 DD 01400
UPID
US71-0282383
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
RETAIL STORES Current
Est. value
$11.0M
AUTO REPAIR, GARAGE
Est. value
$10.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.4M
RESTAURANT
Est. value
$10.1M
COMMERCIAL (GENERAL)
Est. value
$9.5M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
2000
Heating
NONE
Stories
2
Buildings
4
Lot
3.18 ac
Current owner
From public records · entity-resolved
James Robert Laner
Individual
Mailing address
900 SE WILSON AVE STE D, BEND, OR 97702-1416
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2025
—
Bypass Trust
—
Deed
related
$1,625,300 · Onpoint Community Cu
Dec 3, 2021
—
James Robert Laner
Elizabeth Soloway
Correction Deed
related
—
Nov 15, 2021
—
James Robert Laner
Elizabeth Soloway
Bargain And Sale Deed
—
Oct 26, 2015
$4,200,000
Everett Ernest Evans & Margaret L M
Reed Market LLC
Warranty Deed
$2,200,000 · Lewis & Clark Bank
Dec 17, 2010
$1,100,000
Reed Market LLC
Liberty Bk
Grant Deed
—
Feb 19, 2010
—
Liberty Bk
Porter-james Dev Group LLC
Deed In Lieu Of Foreclosure
related
—
Sep 1, 2009
—
Porter-james Dev Group LLC
—
Trustees Deed
related
—
Sep 30, 2005
—
Porter James Dev Group LLC
Hp Burns Realty
Warranty Deed
$3,000,000 · Liberty Bank
—
—
Porter-james Dev Group LLC
—
Deed Of Trust
related
$821,942 · Umpqua Bank
—
—
Reed Market LLC
—
Deed Of Trust
related
$249,000 · Lewis & Clark 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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