New search
Property profile & analytics
OFF-MARKET
Estimated value
$10,085,000
Industrial properties
2843 Lolo Dr, Bend, OR 97703-6945
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US71-0759912
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2007
Total area
34,279 SF
Lot
2 ac (87,120 SF)
APN
171136 CC 01300
UPID
US71-0759912
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
-
Oregon Desert Land Trust Charitable Organization Social Service Agency
-
Movement Mortgage - Beny Rabuchin Loan Service Bank
-
Cerity Partners Financial Advisor
-
Skovånd Design Studios Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.09M
Blend (final)
Blend
$10.09M
Owner & transaction history
Four Leg LLC · 13 yrs held
Four Leg LLC
since 2012
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$13.8M
+83.0%
Auto repair, garage
$13.1M
+73.2%
Apartment house (5+ units)
$13.1M
+72.9%
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
INDUSTRIAL (GENERAL)
$7,565,000
Current use
RETAIL STORES
$13,845,000
Change: +83% · Conversion: Moderate
AUTO REPAIR, GARAGE
$13,100,000
Change: +73% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$13,080,000
Change: +73% · Conversion: Difficult
RESTAURANT
$12,700,000
Change: +68% · Conversion: Difficult
COMMERCIAL (GENERAL)
$11,945,000
Change: +58% · Conversion: Difficult
MEDICAL BUILDING
$10,940,000
Change: +45% · Conversion: Difficult
OFFICE BUILDING
$10,690,000
Change: +41% · Conversion: Difficult
Blend value · Realmo final
$10.09M
Range $9.08M – $11.09M · ±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
$294 / 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
$66,610
Tax year 2023
Assessed value
$4,166,540
Assessed 2023
Previous assessed
$2,811,710
+48.2% YoY
Effective rate
1.60%
On assessed value
Land market value
$3,515,900
Improvement market value
$6,561,740
Total market value
$10,077,640
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2007
Heating
NONE
Buildings
2
Total area
34,279 SF
Lot
2 ac (87,120 SF)
APN
171136 CC 01300
UPID
US71-0759912
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
INDUSTRIAL (GENERAL) Current
Est. value
$7.6M
RETAIL STORES
Est. value
$13.8M
AUTO REPAIR, GARAGE
Est. value
$13.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.1M
RESTAURANT
Est. value
$12.7M
COMMERCIAL (GENERAL)
Est. value
$11.9M
MEDICAL BUILDING
Est. value
$10.9M
OFFICE BUILDING
Est. value
$10.7M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
2007
Heating
NONE
Buildings
2
Lot
2 ac
Current owner
From public records · entity-resolved
Four Leg LLC
Entity
Mailing address
2843 NW LOLO DR, BEND, OR 97703-6945
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
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
Apr 6, 2020
—
Four Leg LLC
—
Deed
related
$4,367,344 · Wells Fargo Bk
Jun 20, 2018
—
Four Leg LLC
—
Deed
related
$4,400,000 · Wells Fargo Bank NA
Nov 30, 2012
$1,500,000
Four Leg LLC
Breedlove Guitar Holdings LLC
Warranty Deed
$750,000 · Wells Fargo Bank NA
Jun 22, 2007
$1,350,375
Breedlove Guitar Holdings LLC
West Bend Property Co LLC
Warranty Deed
$2,600,000 · South Valley Bank & Trust
—
—
Four Leg LLC
—
Loan Modification
related
$4,367,344 · Wells Fargo 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.
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 2843 Lolo Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
