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Property profile & analytics
OFF-MARKET
Estimated value
$5,270,000
Medical Office Space
1693 Chandler Ave, Bend, OR 97702-3236
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-0560138
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Total area
15,696 SF
Lot
1.38 ac (60,113 SF)
APN
181206 C0 01400
UPID
US71-0560138
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
-
Northwest Foot Care Physician
-
Hoglund Christine J DO Physician
-
Kristy Six Physician
-
Tajyant Nat Chotechuang Physician
-
Oliver Jayme Wisco Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.64M
Comparable Approach
Comparable
$3.67M
Blend (final)
Blend
$5.27M
Owner & transaction history
Radiology Building LLC · 3 yrs held
Radiology Building LLC
since 2022
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$6.3M
+26.6%
Auto repair, garage
$6.0M
+19.8%
Apartment house (5+ units)
$6.0M
+19.6%
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
$6,655,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,935,000
6.5%
$3,635,000
7%
$3,375,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,010,000
Current use
RETAIL STORES
$6,340,000
Change: +27% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,000,000
Change: +20% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,990,000
Change: +20% · Conversion: Moderate
RESTAURANT
$5,815,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,465,000
Change: +9% · Conversion: Easy
OFFICE BUILDING
$4,960,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$5.27M
Range $4.74M – $5.80M · ±10% · vs last sale $7.00M (Nov 15 2022)
Last sale anchor
$7.00M
Nov 15 2022
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
$336 / 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
$28,125
Tax year 2023
Assessed value
$1,759,260
Assessed 2023
Previous assessed
$1,658,280
+6.1% YoY
Effective rate
1.60%
On assessed value
Land market value
$2,351,340
Improvement market value
$5,893,280
Total market value
$8,244,620
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2003
Heating
NONE
Total area
15,696 SF
Lot
1.38 ac (60,113 SF)
APN
181206 C0 01400
UPID
US71-0560138
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
MEDICAL BUILDING Current
Est. value
$5.0M
RETAIL STORES
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$6.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.0M
RESTAURANT
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$5.5M
OFFICE BUILDING
Est. value
$5.0M
MEDICAL BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
COMMERCIAL (GENERAL)
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
2003
Heating
NONE
Lot
1.38 ac
Current owner
From public records · entity-resolved
Radiology Building LLC
Entity
Mailing address
1460 NE MEDICAL CTR DR, BEND, OR 97701-6061
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2023
—
Radiology Building LLC
—
Deed
related
$3,000,000 · Summit Bank
Nov 15, 2022
$7,000,000
Radiology Building LLC
Bend Westside Professional LLC
Warranty Deed
$19,080,000 · Summit Bank
Feb 14, 2020
—
Bend Westside Professional LLC
—
Deed
related
$3,020,000 · First Interstate Bank
Dec 30, 2016
—
Bend Westside Professional LLC
—
Deed
related
$2,500,000 · Bank Of The Cascades
Nov 14, 2016
$4,100,000
Bend Westside Professional LLC
Deschutes Properties LLC
Warranty Deed
$1,430,000 · Wells Fargo Financial National Bank
Nov 22, 2010
—
Bonnett Properties LLC
Westside Medical LLC
Quit Claim Deed
related
—
Dec 15, 2008
—
Westside Medical LLC
Bonnett Properties LLC
Quit Claim Deed
related
—
Apr 17, 2006
—
Bonnett Properties LLC
Millpoint Riverbend LLC
Grant Deed
related
—
Sep 20, 2005
—
Millpoint Riverbend LLC
—
Deed Of Trust
related
$3,262,500 · Bank Of The Cascades
Sep 1, 2005
—
Millpoint Riverbend LLC
Bigwater Ventures LLC
Warranty Deed
—
—
—
Deschutes Properties LLC
—
Deed Of Trust
related
—
—
—
Millpoint Riverbend LLC
—
Deed Of Trust
related
$32,000 · Crb Investments LLC
—
—
Bend Westside Professional LLC
—
Deed Of Trust
related
$2,500,000 · Bank Of The Cascades
—
—
Deschutes Properties LLC
—
Deed Of Trust
related
—
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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