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    Property profile & analytics

    3405 Hwy 97 Bend, OR 97703-7555

    • Grocery and convenience stores
    • 3,760 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimation
    $12,695,000
    Last Sale
    Mar 25, 2024
    $12,772,144
    Location Intelligence
    Property ID
    US71-0988743
    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

    • Pinnacle 365 / Convenience Store
    • Krispy Krunchy Chicken / Chicken Restaurant
    • Circle K / Convenience Store / Gas Station
    • Chevron Bend / Gas Station / Convenience Store
    • Jackpot Food Mart / Convenience Store / Gas Station

    Property Details for 3405 Hwy 97

    Year built
    1988
    Lot size
    0.77 lot acres
    Property size
    3,760 SF
    Property type
    Grocery and convenience stores
    APN
    171220 DA 01803
    APU
    171220DA01803

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $12,770,000

    • CAP approach

      CAP return
      Estimation
      6%
      $13,055,000
      6.5%
      $13,375,000
      7%
      $13,970,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $11,580,000
      Geo Method
      $11,915,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $13,555,000
      Retail
      $11,610,000
      Mixed-Use
      $13,200,000
      Hospitality
      $13,040,000
      Educational
      $11,665,000
      Residential Income
      $12,785,000
      Energy
      $13,700,000
      Income-Based Land
      $13,235,000
      Food Service
      $14,040,000

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.307
    Latitude
    44.0864
    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
    $20,044
    $0.00
    $0.00
    $1,253,770
    -
    $1,343,530
    $1,096,370
    $2,439,900

    Comparable in this City

    • Value Estimation by Request
      2,793 SF

      Bend, OR 97703

      CONVENIENCE STORE • 2,793 SF
      Bend, OR 97703
      View Details
    • Value Estimation by Request
      1,485 SF

      912 Newport Ave

      CONVENIENCE STORE • 1,485 SF
      912 Newport Ave, Bend, OR 97703-1616
      View Details
    • Value Estimation
      $2,635,000
      4,876 SF

      633 Franklin Ave

      CONVENIENCE STORE • 4,876 SF
      633 Franklin Ave, Bend, OR 97703
      View Details
    • Value Estimation by Request
      2,592 SF

      1008 Galveston Ave

      CONVENIENCE STORE • 2,592 SF
      1008 Galveston Ave, Bend, OR 97703-2430
      View Details
    • Value Estimation by Request
      4,317 SF

      67667 Hwy 20

      CONVENIENCE STORE • 4,317 SF
      67667 Hwy 20, Bend, OR 97703-9121
      View Details
    • Value Estimation by Request
      2,795 SF

      1400 Albany Ave

      CONVENIENCE STORE • 2,795 SF
      1400 Albany Ave, Bend, OR 97703-3163
      View Details

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    Similar Nearby for Lease

    • $24 SF/Yr
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      Cascade Village Shopping Center

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    • Contact for pricing
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      Bend, OR: Prime Retail Opportunity
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      Bend Retail Space - 7,000 SF

      High-visibility retail space available in Bend, Oregon.
      63011 Highway 97, Bend, OR 97703
      View Details
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    Bend, OR 97703-7555
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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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