477 NE Greenwood Ave Bend, OR 97701
Property profile & analytics
477 NE Greenwood Ave Bend, OR 97701
- Office buildings
- 3,068 SF
- 0.16 lot acres
Property ID
US71-0393549
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.
Location Intelligence
Current Use by Public Records
- Jim I. Wilkens, DC / Alternative Medicine Practice
- Cascade Chiropractic Center / Alternative Medicine Practice
- Orchard Park Apartments / Real Estate Agency
- Vestibular Therapy Specialists / Medical Clinic
- Smooth Esthetics & Skincare / Spa & Massage Center / Skin Care Clinic
Property Details for 477 NE Greenwood Ave
- Year built
- 1964
- Lot size
- 0.16 lot acres
- Property size
- 3,068 SF
- Property type
- Office buildings
- APN
- 171233 BC 08200
- APU
- 171233BC08200
Description
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 area, dedicated points of entry, and restrooms. Ample parking is provided with 11 dedicated stalls, four of which are covered. Recent improvements include a new paver patio entry to the lower level. The building's zoning is CL. The tax map/lot number is 1171233BC 08200. Originally constructed in 1964, the building is comprised of Suite A (617+/- RSF) and Suite B (613+/- RSF), with additional square footage on the main street level. Currently, a portion of the building is leased to Cascade Chiropractic, but this lease will terminate upon the sale closing. This property offers a rare blend of location, functionality, and investment potential in the thriving Bend market. The asking price is $977,100.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $780,000
- ML approach
- $780,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $785,000
- 6.5%
- $725,000
- 7%
- $670,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $720,000
- AI Estimate
- $720,000
Market price range: $350k - $1.35MMarket price range: $350k - $1.35M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $970,000 Current use
- RETAIL STORES
- $1,240,000 Change: +28% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $1,175,000 Change: +21% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,070,000 Change: +10% Conversion: Easy
- MEDICAL BUILDING
- $980,000 Change: +1% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Bend
- County
- Deschutes
- State
- Oregon
- Longitude
- -121.299
- Latitude
- 44.0596
- 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
$4,990
$0.00
$0.00
$312,110
-
$295,750
$205,450
$501,200
