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Financial
Distress signals
Property profile

1701 NE 3Rd St Bend, OR 97701

FOR SALE
Banks
Property ID
US71-0959380
8,295 SF 0.43 ac lot Built 1979
Last sale Oct 2023 · $705,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Retail property located at 1701 NE 3rd St, Bend, OR 97701. Configured for retail use and presented as a leasing opportunity.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$23k
Tax billed · 2023
Assessed value$1.43M
Effective rate1.60%

Value estimate

· Oct 2026
$775k
$698k – $853k
NOI build-up
Gross scheduled income$130k
Vacancy & credit loss−$5k
Operating expenses−$31k
NOI · 3.75% cap applied$94k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
3.75%
$94k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDESCHUTES

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.9
Convenience Store9.8
Shoe Repair8.7

Location

1701 NE 3Rd St Bend, OR 97701
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
615 2nd, Bend, OR 97701 $3,500,000 Mar 2025 5,440 SF
63736 Paramount, Bend, OR 97701-8656 $3,690,000 Sep 2022 15,360 SF
275 2nd, Bend, OR 97701-5177 $2,000,000 Sep 2021 9,982 SF
1442 3rd, Bend, OR 97701-4234 $5,600 Oct 2020 5,208 SF
1259 2nd, Bend, OR 97701-4359 $2,238,800 Sep 2020 9,000 SF
200 Greenwood, Bend, OR 97701-4644 $1,200,000 Sep 2020 5,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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