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    Property profile & analytics

    3197 Hwy 97 Bend, OR 97703-7506

    • Retail space
    • 15,643 SF
    • 2.30 lot acres
    OFF-MARKET
    Value Estimation
    $3,495,000
    Last Sale
    May 28, 2021
    $3,250,000
    Location Intelligence
    Property ID
    US71-0730243
    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

    • Companion Pet Clinic of Bend / Veterinarian / Animal Hospital
    • UScellular / Cell Phone Store / Electronic Parts Supplier
    • Petco / Tropical Fish Store / Pet Store
    • Petco Dog Training / Dog Trainer / Pet Trainer
    • Petco Vaccination Clinic / Veterinarian

    Property Details for 3197 Hwy 97

    Year built
    1999
    Lot size
    2.30 lot acres
    Property size
    15,643 SF
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    171220 DD 00200
    APU
    171220DD00200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,635,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,240,000
      6.5%
      $2,930,000
      7%
      $3,010,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,065,000
      Geo Method
      $2,770,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,670,000
      Retail
      $3,615,000
      Mixed-Use
      $3,450,000
      Hospitality
      $2,655,000
      Educational
      $2,690,000
      Residential Income
      $3,030,000
      Energy
      $2,850,000
      Income-Based Land
      $3,620,000
      Food Service
      $2,735,000

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.306
    Latitude
    44.0834
    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
    $46,720
    $0.00
    $0.00
    $2,928,630
    -
    $3,540,100
    $2,958,610
    $6,498,710

    Comparable in this City

    • Value Estimation by Request
      2,554 SF

      930 Newport Ave

      STORE, RETAIL OUTLET • 2,554 SF
      930 Newport Ave, Bend, OR 97703-1616
      View Details
    • Value Estimation by Request
      2,496 SF

      616 Arizona Ave

      STORE, RETAIL OUTLET • 2,496 SF
      616 Arizona Ave, Bend, OR 97703-3206
      View Details
    • Value Estimation by Request
      936 SF

      1233 Galveston Ave

      STORE, RETAIL OUTLET • 936 SF
      1233 Galveston Ave, Bend, OR 97703-2433
      View Details
    • Value Estimation by Request
      6,912 SF

      62920 Hwy 97

      STORE, RETAIL OUTLET • 6,912 SF
      62920 Hwy 97, Bend, OR 97703-5768
      View Details
    • Value Estimation by Request
      9,100 SF

      842 Wall St

      STORE, RETAIL OUTLET • 9,100 SF
      842 Wall St, Bend, OR 97703-2700
      View Details
    • Value Estimation
      $785,000
      0.11 Acres

      67 Greenwood Ave

      STORE, RETAIL OUTLET • 0.11 Acres
      67 Greenwood Ave, Bend, OR 97703-2028
      View Details

    Similar Nearby for Sale

    • $450,000
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      Established Dry Cleaning Business, Bend

      Long-standing dry cleaning business for sale in Bend, Oregon.
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    • $2,500,000
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      Bend IHOP: Redevelopment Opportunity

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    • New
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      Turn-key restaurant with secret garden courtyard in downtown Bend.
      750 NW Lava Rd, Bend, OR 97703
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    • $1,775,000
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      Prime Retail Site, Bend, Oregon

      1.2 acre retail site with highway exposure and access.
      3650 Highway 97 N, Bend, OR 97703
      View Details
    • $1,975,000
      0.32 Acres

      Downtown Bend Mixed-Use Land

      Prime .32-acre redevelopment site
      828 Hill St, Bend, OR 97703
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      6,160 SF

      Adaptable Retail Space For Rent

      1,800 SF adaptable space ideal for various business types.
      1458 NW College Way, Bend, OR 97703
      View Details
    • $24 SF/Yr
      367,856 SF

      Cascade Village Shopping Center

      Bend, OR Retail Opportunity
      63455 Highway 97, Bend, OR 97703
      View Details
    • $30 SF/Yr
      4,896 SF

      Bend River Promenade Retail Spaces

      Prime Bend, OR retail space; multiple units available.
      3148 Highway 97, Bend, OR 97703
      View Details
    • $40 SF/Yr
      6,000 SF

      Pioneer Plaza Retail Space

      Bend, OR retail space: 1,500-6,000 sq ft.
      1474 Wall St, Bend, OR 97703
      View Details
    • $17 SF/Yr
      7,000 SF

      Bend Retail Space - 7,000 SF

      High-visibility retail space available in Bend, Oregon.
      63011 Highway 97, Bend, OR 97703
      View Details
    • Contact for pricing
      22,930 SF

      Gateway North Retail Center

      Bend, OR: Prime Retail Opportunity
      20319 Cooley Rd, Bend, OR 97703
      View Details
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    Bend, OR 97703-7506
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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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