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    Property profile & analytics

    275 2nd St Bend, OR 97701-5177

    • Retail space
    • 9,982 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    $2,155,000
    Last Sale
    Sep 15, 2021
    $2,000,000
    Location Intelligence
    Property ID
    US71-1039770
    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

    • The Lighthouse: A Shepherd's House Navigation Center / Shelter
    • Anything Helps Oregon / Open Air Museum
    • Bend Assembly / Non-Profit Organization

    Property Details for 275 2nd St

    Year built
    1997
    Lot size
    0.92 lot acres
    Property size
    9,982 SF
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    171232 DD 10000
    APU
    171232DD10000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,885,000
      6.5%
      $1,900,000
      7%
      $1,950,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,835,000
      Geo Method
      $1,805,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,235,000
      Retail
      $1,760,000
      Mixed-Use
      $2,005,000
      Hospitality
      $1,875,000
      Educational
      $1,685,000
      Residential Income
      $2,205,000
      Energy
      $1,680,000
      Income-Based Land
      $1,810,000
      Food Service
      $1,835,000

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.304
    Latitude
    44.053
    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
    $0.00
    $0.00
    $0.00
    $147,190
    -
    $428,720
    $780,210
    $1,208,930

    Comparable in this City

    • Value Estimation by Request
      2,100 SF

      542 Greenwood Ave

      STORE, RETAIL OUTLET • 2,100 SF
      542 Greenwood Ave, Bend, OR 97701-4611
      View Details
    • Value Estimation by Request
      6,500 SF

      228 Greenwood Ave

      STORE, RETAIL OUTLET • 6,500 SF
      228 Greenwood Ave, Bend, OR 97701
      View Details
    • Value Estimation by Request
      3,069 SF

      123 Greenwood Ave

      STORE, RETAIL OUTLET • 3,069 SF
      123 Greenwood Ave, Bend, OR 97701-4601
      View Details
    • Value Estimation
      $915,000
      1,201 SF

      734 Greenwood Ave

      STORE, RETAIL OUTLET • 1,201 SF
      734 Greenwood Ave, Bend, OR 97701
      View Details
    • Value Estimation by Request
      3,112 SF

      28155 Hwy 20

      STORE, RETAIL OUTLET • 3,112 SF
      28155 Hwy 20, Bend, OR 97701-8304
      View Details
    • Value Estimation by Request
      1,600 SF

      900 1st St

      STORE, RETAIL OUTLET • 1,600 SF
      900 1st St, Bend, OR 97701-4618
      View Details

    Similar Nearby for Sale

    • $3,200,000
      1.43 Acres

      Bend Central District Storefront

      Prime Bend retail space, high visibility location.
      355 2Nd St, Bend, OR 97701
      View Details
    • $1,100,000
      2,222 SF

      Bend Storefront: Prime Location

      Retail space, high traffic, owner/user.
      934 3Rd St, Bend, OR 97701
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    • $2,750,000
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      Bend Office/Retail Space - $2.75M

      Prime Bend location, 8,295 SF, drive-thru available.
      1701 3Rd St, Bend, OR 97701
      View Details
    • $4,200,000
      1,700 SF

      Bend Sonic Restaurant - Net Lease

      High-return Sonic franchise, 11-year lease.
      63076 Highway 97, Bend, OR 97701
      View Details
    • $1,500,000
      Pending

      Bend, Oregon Commercial Building

      Commercial building in a prime Bend location near 3rd Street.
      155 NE Revere Ave, Bend, OR 97701
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    • Contact for pricing
      156,729 SF

      Bend Retail Space in Forum

      Retail space in The Forum Shopping Center in Bend, Oregon.
      Ne Purcell Blvd, Bend, OR 97701
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    Similar Nearby for Lease

    • $2 SF/Yr
      894 SF

      Retail Space Available For Lease

      Retail space available for lease in Bend, Oregon.
      1444 College Way NW, Bend, OR 97701
      View Details
    • $1.70 SF/Yr
      2,342 SF

      Retail Space in Bend, Oregon

      Retail space available for lease in Bend, Oregon.
      565 SE 9Th St, Bend, OR 97701
      View Details
    • Contact for pricing
      1,682 SF

      Retail Space with Ample Parking

      Retail space with on-site parking and signage opportunities.
      2570 NE Twin Knolls Dr, Bend, OR 97701
      View Details
    • $1.35 SF/Yr
      1,489 SF

      Retail Space in Bend, Oregon

      Retail space available for lease in Bend, Oregon.
      64670 Strickler Ave, Bend, OR 97701
      View Details
    • $2 SF/Yr
      1,384 SF

      Retail Space on Highway 20

      Retail suites with high visibility and traffic on Highway 20.
      62080-62090 NE Dean Swift Rd, Bend, OR 97701
      View Details
    • $3 SF/Yr
      619 SF

      Retail Space in Bend, Oregon

      Retail space available for lease in Bend, Oregon.
      113 NW Minnesota Ave NW, Bend, OR 97701
      View Details
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    275 2nd St
    Bend, OR 97701-5177
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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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