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Property profile & analytics
OFF-MARKET
Estimated value
$1,435,000
Turn key restaurants
2755 Xing Dr Bend, OR 97703-7050
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0443406
Property summary
AI-generated overview
This exceptional commercial property at 2755 NW Crossing Dr. in Bend, Oregon, offers a unique blend of office, retail, and restaurant space, ideal for a variety of businesses. Located in Deschutes County, with a 97701 zip code, this property boasts a total of 12,948 square feet, currently featuring multiple tenancies. Two spaces are immediately available, ranging in size from 271 to 395 square feet, presenting an excellent opportunity for expansion or a smaller business looking for a well-situated location. The building's traditional style provides a classic and professional aesthetic. The property's prime location in Bend offers easy access to major transportation routes and a thriving local economy. With only 395 square feet currently vacant, this property represents a rare opportunity to secure space in a highly sought-after area. The building's versatile layout allows for customization to suit diverse business needs. This is a fantastic chance to establish or expand your business in a vibrant and growing community. Contact us today to schedule a viewing and explore the possibilities this property offers. The property is situated at 44.0586995 latitude and -121.3558126 longitude.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2006
Total area
2,862 SF
Lot
0.58 ac (25,265 SF)
APN
171136 CA 01600
UPID
US71-0443406
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Angelina Montoya, MD Physician Medical Clinic
-
Bend Pizza Kitchen Restaurant
-
Fischer Inc Hardware & Home Improvement Home Appliance Store
-
Voltaire Cycles of Central Oregon (Bike/Boat/Book/etc) Store
-
Dmk Golf Design Inc Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.44M
Blend (final)
Blend
$1.44M
Owner & transaction history
Nwx Buildings LLC · 8 yrs held
Nwx Buildings LLC
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+9.0%
Auto repair, garage
$1.1M
+3.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bend submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,060,000
Current use
RETAIL STORES
$1,155,000
Change: +9% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,095,000
Change: +3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$995,000
Change: -6% · Conversion: Easy
MEDICAL BUILDING
$915,000
Change: -14% · Conversion: Difficult
OFFICE BUILDING
$895,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$1.44M
Range $1.29M – $1.58M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$501 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,910
Tax year 2023
Assessed value
$745,000
Assessed 2023
Previous assessed
$702,250
+6.1% YoY
Effective rate
1.60%
On assessed value
Land market value
$888,100
Improvement market value
$875,570
Total market value
$1,763,670
Applied tax rate
1,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2006
Heating
NONE
Total area
2,862 SF
Lot
0.58 ac (25,265 SF)
APN
171136 CA 01600
UPID
US71-0443406
Jurisdiction
DESCHUTES
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$995,000
MEDICAL BUILDING
Est. value
$915,000
OFFICE BUILDING
Est. value
$895,000
RESTAURANT Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Lot
0.58 ac
Current owner
From public records · entity-resolved
Nwx Buildings LLC
Entity
Free & Clear · 8 yrs held
Mailing address
409 NW FRANKLIN AVE, BEND, OR 97703-2805
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2018
—
Nm Buildings LLC
—
Grant Deed
related
$3,000,000 · First Interstate Bk
Apr 11, 2018
—
Nwx Buildings LLC
Nwx Buildings LLC
Quit Claim Deed
related
—
Jul 1, 2016
—
Nwc Buildings LLC
Nwx Buildings LLC
Bargain And Sale Deed
—
Jan 2, 2015
—
Nwx Buildings LLC
West Bend Property Co LLC
Grant Deed
related
—
—
—
Nwx Buildings LLC
—
Loan Modification
related
$536,425 · Us Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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