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    Property profile & analytics
    OFF-MARKET Estimated value $1,500,000
    Commercial land

    515 Century Dr, Bend, OR 97702-3937

    1.5 ac lot
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US71-0317502
    Property summary
    AI-generated overview

    This exceptional 1,625 square foot retail or restaurant space is ideally situated at 515 SW Century Drive in Bend, Oregon, 97702. The property boasts a single-tenant occupancy, offering a blank canvas for a new business venture. The building's total square footage is 1,625 square feet, all of which is currently vacant and ready for immediate occupancy. Convenient parking is available with four onsite spaces supplemented by ample street parking. The property is zoned Mixed-Use Urban (MU), providing flexibility for a variety of commercial uses. Its strategic location next to the OSU-Cascades campus presents a unique opportunity to tap into a vibrant student population and the surrounding community. This prime Bend location offers high visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a thriving market. The property's size and zoning make it suitable for a range of retail or restaurant concepts. Interested parties are encouraged to explore the possibilities this exceptional space offers. The property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.5 ac (65,340 SF)
    APN 181206 A0 00700
    UPID US71-0317502
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.50M
    Owner & transaction history
    515 Century LLC · 4 yrs held
    515 Century LLC
    since 2021
    Last sale
    $1.5M
    2 recorded transactions
    2021
    $1.5M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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