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Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Retail space
42 Greenwood Ave Bend, OR 97703-2027
Entity Owned
2-yr Hold
Free & Clear
Property ID
US71-0429890
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1955
Total area
9,468 SF
Lot
0.34 ac (14,810 SF)
Zoning code
GI
APN
171232 AD 03300
UPID
US71-0429890
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
-
Debbie Martorano REALTOR in Bend, Oregon Real Estate Agency
-
Eric Wilson Broker RE/MAX Key Properties Real Estate Agency
-
Bend Real Estate Group Real Estate Agency
-
Angie Mombert Realtor - RE/MAX Key Properties Real Estate Agency
-
Sheree MacRitchie - Realtor RE/MAX Key Properties Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.65M
Blend (final)
Blend
$2.00M
Owner & transaction history
Ogden LLC · 2 yrs held
Ogden LLC
since 2024
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
GI · Bend, OR
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
$2,000,000
ML approach
$2,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,300,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±10% · vs last sale $2.00M (Jul 19 2024)
Last sale anchor
$2.00M
Jul 19 2024
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
$211 / 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
$13,384
Tax year 2023
Assessed value
$837,190
Assessed 2023
Previous assessed
$789,140
+6.1% YoY
Effective rate
1.60%
On assessed value
Land market value
$834,750
Improvement market value
$1,265,250
Total market value
$2,100,000
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
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1955
Heating
NONE
Total area
9,468 SF
Lot
0.34 ac (14,810 SF)
Zoning code
GI
APN
171232 AD 03300
UPID
US71-0429890
Jurisdiction
DESCHUTES
Zoning & alternative use
GI · Bend, ORZoning GI · permitted uses
GI · Bend, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Bend Development Code
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$3.3M
COMMERCIAL (GENERAL)
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
1955
Heating
NONE
Lot
0.34 ac
Current owner
From public records · entity-resolved
Ogden LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 1646, BEND, OR 97709-1646
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2024
—
Ogden LLC
Gene D Buccola
Intrafamily Transfer
related
—
May 7, 2024
—
Ogden LLC
—
Deed
related
$1,733,090 · Summit Bank
Aug 10, 2021
$2,000,000
Ogden LLC
National Retail Properties LP
Special Warranty Deed
$1,500,000 · Summit Bank
Dec 17, 2010
$365,639
National Retail Properties LP
2005 II LLC
Grant Deed
—
Jul 25, 2005
—
2005 II LLC
Gpi Properties III LLC
Grant Deed
$41,253,976 · Us Bank NA (te)
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.
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