Property profile

515 SW Century Dr Bend, OR 97702

FOR LEASE
Commercial land
Property ID
US71-0317502
1.5 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
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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

Location

515 SW Century Dr Bend, OR 97702
Bend metro Census 1401 BEND, OR METROPOLITAN STATISTICAL AREA
Google Maps

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

since 2021
Last sale
$1.5M
2 recorded transactions
2021
$1.5M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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