Property profile

20700 Carmen Loop Bend, OR 97702

OFF-MARKET
Industrial properties
Property ID
US71-0930447
6,700 SF 0.49 ac lot Built 2007
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This well-maintained, 6,700-square-foot industrial complex in Bend, Oregon, offers a 1,650-square-foot space for lease. Located at 20700 Carmen Loop, 97702, this property boasts a prime location in the SE Bend business corridor, providing easy access to major thoroughfares like the Bend Parkway and Highway 97. Built in 2008 on a 0.49-acre lot (21,344 total square feet) zoned for light industrial use, the complex features attractive architecture, four 14-foot roll-up doors with glass panels for ample natural light, and a fully sprinklered system. The property is professionally landscaped and includes four drive-in bays. The complex comprises four suites in a single building, creating a desirable tenant mix. The minimum divisible space is 1,650 square feet. Automotive, cannabis, and hemp businesses are not permitted. This is an excellent opportunity for businesses seeking a modern, well-located industrial space in a thriving area of Bend. The property is situated in the American Lane Industrial Park.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2007
Total area 6,700 SF
Lot 0.49 ac (21,344 SF)
APN 181209 AC 01700
UPID US71-0930447

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Interior Design Home Decor Store
  • Industrial Manufacturer Factory
  • General Contractor Security Service

Location

20700 Carmen Loop Bend, OR 97702-8415
Bend metro Census 2002 BEND, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$950k
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$1.51M

Owner & transaction history

since 2022
Last sale
$1.6M
7 recorded transactions
2022
Price N/A
2021
$1.6M
2012
$330,000
2012
Price N/A
2007
Price N/A
2004
$159,900
2004
$893,000

Zoning & alternative use

Top alternative use upside
Medical building $2.1M +44.6%
Office building $2.1M +43.2%

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
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