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    Property profile & analytics

    21175 Reed Market Rd Bend, OR 97702-9583

    • Turn key restaurants
    • 96 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 10, 2020
    Location Intelligence
    Property ID
    US71-0959494
    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

    • Cascade Lakes Pub on Reed Market / Brewpub

    Property Details for 21175 Reed Market Rd

    Year built
    1965
    Lot size
    0.61 lot acres
    Property size
    96 SF
    Property type
    Turn key restaurants
    APN
    181210 AA 00300
    APU
    181210AA00300

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.265
    Latitude
    44.0366
    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
    $9,581
    $0.00
    $0.00
    $599,290
    -
    $585,000
    $749,700
    $1,334,700

    Comparable in this City

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      395 Powerhouse Dr

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      25 Century Dr

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      61135 Hwy 97

      RESTAURANT • 3,909 SF
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      5,223 SF

      785 3rd St

      RESTAURANT • 5,223 SF
      785 3rd St, Bend, OR 97702-1752
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      1005 3rd St

      RESTAURANT • 4,924 SF
      1005 3rd St, Bend, OR 97702-2142
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    Similar Nearby for Sale

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      Westside Property: Development Opportunity

      Westside property ideal for owner/user, investment, or future development.
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    Similar Nearby for Lease

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      Bend Restaurant - High Visibility

      Prime Bend restaurant space, 6,323 sq ft.
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      State-of-the-art campus with collaboration spaces and extensive parking.
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    • Contact for pricing
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      Bend Retail Center: Prime Location

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    • $2 SF/Yr
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      Retail Space in Bend, Oregon

      Retail space available for lease in Bend, Oregon.
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      Westside Bend Medical Office Space

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    21175 Reed Market Rd
    Bend, OR 97702-9583
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    Realmo Value Estimation

    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.

    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.

    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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