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Property profile & analytics
FOR SALE
Office buildings
19885 7Th St Bend, OR 97703
Entity Owned
5-yr Hold
Property ID
US71-0591814
For Sale
1 / 59
$3,250,000
19885 7Th St, Bend, OR 97703
View Listing →
Property summary
AI-generated overview
This stunning 10,639 square foot mixed-use building, constructed in 2022, offers a unique retail opportunity in Bend, Oregon. Located at 19885 7th Street, near Wharton Avenue, this property boasts a striking architectural design blending Central Oregon and Tuscan influences. The building features a rock exterior, copper roof accents and gutters, presidential shingles, and metal siding. The interior is equally impressive, showcasing $75,000 worth of high-end light fixtures, solid wood doors, and over 70 commercial storefront doors, windows, and skylights, contributing to exceptional energy efficiency. The property is zoned commercial and is divisible into three separate suites, each with its own HVAC and electrical systems. Suite sizes range from a minimum of 1,680 square feet to a maximum contiguous space of 3,880 square feet
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2021
Total area
9,701 SF
Lot
0.44 ac (19,166 SF)
APN
161231 A0 06301
UPID
US71-0591814
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
-
Heritage Brand (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Heritage Brand Dev LLC · 5 yrs held
Heritage Brand Dev LLC
since 2021
Last sale
$440,000
4 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$20,264
Tax year 2023
Assessed value
$1,347,190
Assessed 2023
Previous assessed
$77,520
+1,637.9% YoY
Effective rate
1.50%
On assessed value
Land market value
$852,280
Improvement market value
$2,879,560
Total market value
$3,731,840
Applied tax rate
2,025.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
2021
Heating
NONE
Buildings
2
Stories
1
Bathrooms
1
Total area
9,701 SF
Lot
0.44 ac (19,166 SF)
APN
161231 A0 06301
UPID
US71-0591814
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
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Stories
1
Buildings
2
Bathrooms
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Heritage Brand Dev LLC
Entity
Mailing address
19885 7TH ST, BEND, OR 97703-8714
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2022
—
Heritage Brand Development LLC
—
Deed
related
$2,200,000 · Summit Bank
Oct 27, 2021
—
Herltage Brand Development LLC
—
Deed
related
$2,200,000 · Idaho First Bank
Jan 4, 2021
$440,000
Heritage Brand Dev LLC
Jay Cushman
Warranty Deed
—
—
—
Jay Cushman
—
Deed Of Trust
related
$21,100 · Mid Oregon FCU
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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