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Property profile & analytics
FOR LEASE
Office buildings

300 SE Reed Market Rd Bend, OR 97702

9,242 SF 0.67 ac lot Built 1997
Entity Owned 8-yr Hold Free & Clear
Property ID
US71-1111166
Property summary
AI-generated overview

The Lotus Building, located at 300 SE Reed Market Rd in Bend, Oregon, presents a unique opportunity for businesses seeking executive office space. This two-story building, constructed in 1997, offers a total of 8,561 square feet of versatile office space. Currently, multiple suites are available for lease, with a minimum divisible space of 4,009 square feet and a maximum contiguous space of 4,552 square feet, catering to a range of business needs. The property sits on a 0.67-acre lot and is zoned Commercial General (CG), allowing for diverse business applications. Ample parking is provided with 40 spaces available for tenants and their clients. The building's prime location in Deschutes County, Oregon, zip code 97702, offers easy access to Bend's vibrant business community and amenities. This is an exceptional opportunity to establish a presence in a well-maintained and conveniently located executive office building. The building's design and layout are ideal for businesses seeking a professional and efficient workspace. Contact us today to learn more about leasing options and explore the possibilities of making the Lotus Building your new business address.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1997
Total area 9,242 SF
Lot 0.67 ac (29,185 SF)
APN 181204 CC 01301
UPID US71-1111166
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
  • Bend Care Connection Crisis Center Medical Clinic
  • Anne H. Muir, LMFT Counselor
  • Lotus Building Consultant
  • Budget Car Rental Car Rental Facility
  • Skyline Engineering Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.65M
Blend (final) Blend
$2.65M
Owner & transaction history
Jkc Bend LLC · 8 yrs held
Jkc Bend LLC
since 2018
6 recorded transactions
2018
$1.6M
2017
Price N/A
2004
$624,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $3.7M +27.8%
Auto repair, garage $3.5M +20.9%
Apartment house (5+ units) $3.5M +20.7%
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