New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,330,000
Medical Office Space
39 Louisiana Ave, Bend, OR 97703-3203
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-0654096
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1966
Total area
3,640 SF
Lot
0.13 ac (5,663 SF)
Zoning code
GI
APN
171232 CA 06600
UPID
US71-0654096
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
-
Chelsea S. Hunton Phillips, LAC Alternative Medicine Practice
-
Nicole Gansemer Alternative Medicine Practice
-
Dr. Jim Thornburg D.C.,M.S Alternative Medicine Practice
-
Joshua Phillips, ND Physician
-
Lea White Alternative Medicine Practice Acupuncture
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$1.33M
Owner & transaction history
Vision 808 LLC · 3 yrs held
Vision 808 LLC
since 2022
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
GI · Bend, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.5M
+26.6%
Auto repair, garage
$1.4M
+19.8%
Commercial (general)
$1.3M
+9.2%
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
$1,615,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$845,000
7%
$785,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,160,000
Current use
RETAIL STORES
$1,470,000
Change: +27% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,390,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,270,000
Change: +9% · Conversion: Easy
OFFICE BUILDING
$1,135,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$1.33M
Range $1.20M – $1.46M · ±10% · vs last sale $1.70M (Dec 27 2022)
Last sale anchor
$1.70M
Dec 27 2022
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
$365 / 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
$8,081
Tax year 2023
Assessed value
$505,510
Assessed 2023
Previous assessed
$476,500
+6.1% YoY
Effective rate
1.60%
On assessed value
Land market value
$258,710
Improvement market value
$670,100
Total market value
$928,810
Applied tax rate
1,061.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1966
Heating
NONE
Buildings
2
Total area
3,640 SF
Lot
0.13 ac (5,663 SF)
Zoning code
GI
APN
171232 CA 06600
UPID
US71-0654096
Jurisdiction
DESCHUTES
Zoning & alternative use
GI · Bend, OR
Zoning GI · permitted uses
GI · Bend, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bend. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.2M
RETAIL STORES
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1966
Heating
NONE
Buildings
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Vision 808 LLC
Entity
Mailing address
20061 THOMAS DR, BEND, OR 97702-2407
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2022
$1,700,000
Vision 808 LLC
Barbara A Boger
Warranty Deed
$1,360,000 · Barbara A Boger Revocable Trust
May 31, 2011
—
Boger Barbara A Trust
Boger Douglas W Trust
Quit Claim Deed
related
—
Apr 12, 2011
—
Boger Douglas W Trust
Boger,douglas W & Barbara A
Quit Claim Deed
related
—
Jan 27, 2006
—
Douglas W Boger
Timothy Lake Investment LLC
Warranty Deed
related
—
Nov 17, 2005
—
Douglas W Boger
Patrick Conway
Warranty Deed
$250,000 · Umpqua Bank
—
—
Douglas W Boger
—
Deed Of Trust
related
—
—
—
Boger,barbara A Trust
—
Loan Modification
related
—
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 39 Louisiana Ave?
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.
