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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    20120 Pinebrook Blvd Bend, OR 97702-2537

    • Community centers
    • 164,959 SF
    • 9.30 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-0785194
    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.

    Current Use by Public Records

    • Walmart Connection center / Mobile Phone Store / Electronics & Wireless Store
    • SmartStyle Hair Salon / Hair Salon
    • Walmart Vision & Glasses / Sunglasses Store / Eye Care Center
    • Walmart Garden Center / Garden Center
    • Walmart Deli / Food Market / Restaurant

    Property Details for 20120 Pinebrook Blvd

    Year built
    1999
    Lot size
    9.30 lot acres
    Property size
    164,959 SF
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    181208 CD 00500
    APU
    181208CD00500

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.317
    Latitude
    44.0235
    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
    $38,713
    $0.00
    $0.00
    $15,752,780
    -
    $6,574,280
    $16,096,100
    $22,670,380

    Comparable in this City

    • Value Estimation
      $12,820,000
      19,216 SF

      19530 Amber Mdw Dr

      MINI-MALL • 19,216 SF
      19530 Amber Mdw Dr, Bend, OR 97702-3523
      View Details
    • Value Estimation
      $2,310,000
      96,800 SF

      61334 Hwy 97

      MINI-MALL • 96,800 SF
      61334 Hwy 97, Bend, OR 97702-3284
      View Details
    • Value Estimation by Request
      57,699 SF

      320 Century Dr

      MINI-MALL • 57,699 SF
      320 Century Dr, Bend, OR 97702-1189
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    • Value Estimation by Request
      27,297 SF

      360 Powerhouse Dr

      REGIONAL SHOPPING CENTER, MALL • 27,297 SF
      360 Powerhouse Dr, Bend, OR 97702-3298
      View Details
    • Value Estimation by Request
      195,916 SF

      61539 Hwy 97

      REGIONAL SHOPPING CENTER, MALL • 195,916 SF
      61539 Hwy 97, Bend, OR 97702-2101
      View Details
    • Value Estimation by Request
      4,144 SF

      631 Woodland Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 4,144 SF
      631 Woodland Blvd, Bend, OR 97702-3313
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Property in Bend, Oregon

      Retail property available for sale in Bend, Oregon.
      1470 SW Knoll Ave, Bend, OR 97702
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    • $325,000

      Profitable Packing & Shipping Business

      Turnkey packing and shipping business with mailbox rentals in Bend.
      61535 Highway 97 S, Bend, OR 97702
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    • $325,000

      Profitable Packing & Shipping Business

      Turnkey packing and shipping business with mailbox rentals in Bend.
      61535 Highway 97 S, Bend, OR 97702
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    • $1,275,000
      1.00 Acre

      Bend Canal-Front Development Land

      1-Acre Residential Subdivision Opportunity
      20525 Reed Market Rd, Bend, OR 97702
      View Details
    • $9,518,160
      2.11 Acres

      Bend Industrial Flex Space

      Prime Westside Bend location; 39,659 SF, mixed-use.
      107 Columbia St, Bend, OR 97702
      View Details
    • $9,518,160
      39,659 SF

      Westside Property: Development Opportunity

      Westside property ideal for owner/user, investment, or future development.
      107 SW Columbia St, Bend, OR 97702
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
      6,323 SF

      Bend Restaurant - High Visibility

      Prime Bend restaurant space, 6,323 sq ft.
      1441 Chandler Ave, Bend, OR 97702
      View Details
    • $2 SF/Yr
      3,265 SF

      Retail Space in Bend, Oregon

      Retail space available for lease in Bend, Oregon.
      50 SW Division St, Bend, OR 97702
      View Details
    • $1.70 SF/Yr
      1,739 SF

      Modern Flex Space Available

      State-of-the-art campus with collaboration spaces and extensive parking.
      575 SE 9Th St, Bend, OR 97702
      View Details
    • $36 SF/Yr
      882 SF

      Bend Retail/Office Space - 882 SF

      New 882 sq ft retail space in Bend, Oregon. Prime location, modern finishes.
      144 Crowell Way, Bend, OR 97702
      View Details
    • Contact for pricing
      480,000 SF

      Bend Retail Center: Prime Location

      Restaurant/Retail Spaces Available in Bend, OR
      310 Industrial Way, Bend, OR 97702
      View Details
    • $22 SF/Yr
      195,916 SF

      Bend Retail Center - Highway 97

      High-traffic retail space, multiple units available.
      61535 Highway 97, Bend, OR 97702
      View Details

    Property Visit Statistics

    • Visits by month
      239.0k
    • Visitors by month
      112.3k
    • Avg Time on site
      32 min
    Request Owner's contact information
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    20120 Pinebrook Blvd
    Bend, OR 97702-2537
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    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
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