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    Property profile & analytics

    407 3rd St Bend, OR 97702-1663

    • Retail space
    • 4,310 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 14, 2024
    $1,555,000
    Location Intelligence
    Property ID
    US71-0421058
    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

    • Express Eco Laundromat / Laundromat / Laundry

    Property Details for 407 3rd St

    Year built
    1950
    Lot size
    0.19 lot acres
    Property size
    4,310 SF
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    181204 BC 04500
    APU
    181204BC04500

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.303
    Latitude
    44.0462
    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
    $5,521
    $0.00
    $0.00
    $345,340
    -
    $352,030
    $219,600
    $571,630

    Comparable in this City

    • Value Estimation by Request

      550 Industrial Way

      Restaurants
      550 Industrial Way, Bend, OR 97702
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      27,194 SF

      1310 Reed Market Rd

      STORE, RETAIL OUTLET • 27,194 SF
      1310 Reed Market Rd, Bend, OR 97702-3583
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    • Value Estimation by Request
      11,424 SF

      170 Scalehouse Loop

      STORE, RETAIL OUTLET • 11,424 SF
      170 Scalehouse Loop, Bend, OR 97702-1255
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      6,846 SF

      35 Century Dr

      STORE, RETAIL OUTLET • 6,846 SF
      35 Century Dr, Bend, OR 97702-1079
      View Details
    • Value Estimation by Request
      4,018 SF

      1050 3rd St

      STORE, RETAIL OUTLET • 4,018 SF
      1050 3rd St, Bend, OR 97702-2143
      View Details
    • Value Estimation
      $555,000
      864 SF

      206 Taft Ave

      STORE, RETAIL OUTLET • 864 SF
      206 Taft Ave, Bend, OR 97702-1758
      View Details

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    Similar Nearby for Lease

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    407 3rd St
    Bend, OR 97702-1663
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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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