Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1442 3rd St Bend, OR 97701-4234
    Back to Search
    Property profile & analytics

    1442 3rd St Bend, OR 97701-4234

    View on Map
    • Banks
    • 5,208 SF
    • 0.58 lot acres
    Off-Market
    Last Sale Oct 23, 2020
    $5,600
    Property ID
    US71-1121560
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • US Bank Mortgage / Loan Service / Bank
    • U.S. Bank Branch / Bank / Loan Service
    • U.S. Bank ATM / Atm
    • U.S. Bank-Mortgage Loan Officer-Paul Fink / Loan Service / Bank

    Property Details for 1442 3rd St

    Year built
    1973
    Lot size
    0.58 lot acres
    Property size
    5,208 SF
    Property type
    Banks
    APN
    171233 BB 03000
    APU
    171233BB03000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.302
    Latitude
    44.0646
    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
    $15,982
    $0.00
    $0.00
    $999,700
    -
    $835,710
    $264,430
    $1,100,140

    Comparable in this City

    • Value Estimation by Request
      6,025 SF

      501 Bellevue Dr

      FINANCIAL BUILDING • 6,025 SF
      501 Bellevue Dr, Bend, OR 97701-9591
      View Details
    • Value Estimation by Request
      11,223 SF

      1386 Cushing Dr

      FINANCIAL BUILDING • 11,223 SF
      1386 Cushing Dr, Bend, OR 97701-3730
      View Details
    • Value Estimation by Request
      2,764 SF

      2630 Hwy 20

      FINANCIAL BUILDING • 2,764 SF
      2630 Hwy 20, Bend, OR 97701-6261
      View Details
    • Value Estimation by Request
      3,578 SF

      735 Purcell Blvd

      FINANCIAL BUILDING • 3,578 SF
      735 Purcell Blvd, Bend, OR 97701-7296
      View Details
    • Value Estimation by Request
      8,295 SF

      1701 3rd St

      FINANCIAL BUILDING • 8,295 SF
      1701 3rd St, Bend, OR 97701-4030
      View Details
    • Value Estimation by Request
      5,134 SF

      1200 3rd St

      FINANCIAL BUILDING • 5,134 SF
      1200 3rd St, Bend, OR 97701
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,376 SF

      Bend Mixed-Use Retail/Warehouse Opportunity

      21,376 SF retail, showroom, warehouse, and office space for sale.
      355 NE 2Nd St, Bend, OR 97701
      View Details
    • Contact for pricing

      Retail Space with Drive-Thru

      Retail space with drive-thru available for sale or lease.
      1701 NE 3Rd St, Bend, OR 97701
      View Details
    • $699,000

      Bend Retail Space For Sale

      Flexible retail space with high visibility and accessibility in Bend.
      502 NE Revere Ave, Bend, OR 97701
      View Details
    • Contact for pricing
      1,482 SF

      Retail Space For Sale

      Retail space available for purchase.
      204 NE 4Th St, Bend, OR 97701
      View Details
    • Contact for pricing
      1,732 SF

      Retail Space Available For Sale

      Retail space with 1,732 SqFt available for purchase.
      1222 NE 4Th St, Bend, OR 97701
      View Details
    • Contact for pricing
      156,729 SF

      Bend Retail Space in Forum

      Retail space in The Forum Shopping Center in Bend, Oregon.
      Ne Purcell Blvd, Bend, OR 97701
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      894 SF

      Retail Space Available For Lease

      Retail space available for lease in Bend, Oregon.
      1444 College Way NW, Bend, OR 97701
      View Details
    • Contact for pricing
      1,682 SF

      Retail Space with Ample Parking

      Retail space with on-site parking and signage opportunities.
      2570 NE Twin Knolls Dr, Bend, OR 97701
      View Details
    • $1.35 SF/Yr
      1,489 SF

      Retail Space in Bend, Oregon

      Retail space available for lease in Bend, Oregon.
      64670 Strickler Ave, Bend, OR 97701
      View Details
    • $1.70 SF/Yr
      2,342 SF

      Retail Space in Bend, Oregon

      Retail space available for lease in Bend, Oregon.
      565 SE 9Th St, Bend, OR 97701
      View Details
    • $3 SF/Yr
      619 SF

      Retail Space in Bend, Oregon

      Retail space available for lease in Bend, Oregon.
      113 NW Minnesota Ave NW, Bend, OR 97701
      View Details
    • $2 SF/Yr
      1,384 SF

      Retail Space on Highway 20

      Retail suites with high visibility and traffic on Highway 20.
      62080-62090 NE Dean Swift Rd, Bend, OR 97701
      View Details

    Property Visit Statistics

    • Visits by month
      9.0k
    • Visitors by month
      5.7k
    • Avg Time on site
      8 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1442 3rd St
    Bend, OR 97701-4234
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1442 3rd St, Bend, OR, 97701
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!