Property profile

20525 Reed Market Rd Bend, OR 97702

OFF-MARKET
Land
Property ID
US71-0807113
1 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Prime 1-acre residential development opportunity in Bend, Oregon, awaits. Located at 20525 SE Reed Market Rd, 97702, this Deschutes County property boasts entitlements for a 12-lot subdivision, ready for immediate construction. The lot features utility stubs and a new access road conveniently situated at the property line. Six of the planned lots enjoy the scenic backdrop of the COID irrigation canal, enhanced by a pedestrian bridge providing direct access to the historic canal trail. Detailed cost estimates are available, and there's potential to increase the density of the development beyond the current 12 lots. This RM-zoned property presents a unique chance to capitalize on Bend's thriving real estate market. The canal-front location and proximity to the canal trail offer exceptional appeal to potential homebuyers. All necessary entitlements are in place, minimizing delays and streamlining the development process. This is an exceptional opportunity for developers seeking a turnkey project with significant upside potential. Begin construction this year and realize the full potential of this remarkable Bend, Oregon location.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)
UPID US71-0807113

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

20525 Reed Market Rd Bend, OR 97702
Bend metro
Google Maps

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20525 Reed Market Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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