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Financial
Distress signals
Property profile

477 NE Greenwood Ave Bend, OR 97701

FOR SALE
Office buildings
Property ID
US71-0393549
3,068 SF 0.16 ac lot Built 1964
Last sale Oct 2025 · $875,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 3,068 square foot medical office building, located at 477 NE Greenwood Avenue in Bend, Oregon, presents a compelling opportunity for both owner-users and investors. Situated on a 0.16-acre lot (6,969.6+/- square feet), this property boasts significant curb appeal and a strategic location. The building features a flexible layout, suitable for single or multi-tenant occupancy, with upper and lower level suites. Individual suites offer private offices, a welcoming reception…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$312k
Effective rate1.60%

Value estimate

· Oct 2026
$780k
$702k – $858k
AI approach$780k
CAP approach$725k
Submarket $/SF estimate$721k
NOI build-up
Gross scheduled income$81k
Vacancy & credit loss−$4k
Operating expenses−$31k
NOI · 4.72% cap applied$46k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$316/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$114 – $440
Qualifying comparables4

Cap rate analysis

How does the asset earn?
4.72%
$46k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDESCHUTES

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner9.2
Locksmith9.2
Shoe Repair8.7

Location

477 NE Greenwood Ave Bend, OR 97701
County assessor Recorded deeds · 4 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
155 Revere Ave, Bend, OR 97701-4044 $1,360,000 Dec 2025 4,112 SF
1627 3rd, Bend, OR 97701-4000 $723,000 Dec 2025 3,600 SF
404 Norton, Bend, OR 97701-4322 $775,000 Jan 2025 2,176 SF
1293 3rd, Bend, OR 97701-4330 $1,500,000 Jul 2022 3,243 SF
424 Kearney, Bend, OR 97701-4519 $210,000 Jan 2021 2,284 SF
711 Irving, Bend, OR 97701-4738 $550,000 Sep 2020 2,330 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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