Technical
Financial
Distress signals
Property profile

51622 Huntington Rd La Pine, OR 97739

OFF-MARKET
Office buildings
Property ID
US71-1035465
6,420 SF 1.06 ac lot Built 2000
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The Huntington Retail Center presents a unique opportunity for businesses seeking a prominent location in La Pine, Oregon. This Class B retail property, situated on a one-acre lot at the intersection of 1st Street, offers a total of 10,000 square feet of space across two single-story buildings. Built in 1990 and extensively renovated in 2020, the center boasts a modern aesthetic both inside and out. The property is comprised of seven individual suites, with a minimum divisible space of 2,350 square feet and a maximum contiguous space of 2,350 square feet. Currently, 2,350 square feet is available. Ample parking is provided with 20 spaces. The property features 110-240 volt power. The zoning is designated as LA PINE TRADITIONAL COMMERCIAL, ensuring flexibility for a variety of retail uses. The property's location within Submarket 1 and Submarket Cluster 1 offers excellent visibility and accessibility. Property taxes are $1 per square foot. The building has a load factor of 1 and a floor area ratio (FAR) of 1. The APN is 221011CC01001, located in Deschutes County. This is an exceptional opportunity to establish or expand your business in a thriving community. The updated exterior and beautiful interior are truly impressive.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Total area 6,420 SF
Lot 1.06 ac (46,174 SF)
APN 221011 CC 01001
UPID US71-1035465

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

51622 Huntington Rd La Pine, OR 97739
La Pine metro Census 201 BEND, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.30M
Blend (final) Blend
$1.30M

Owner & transaction history

since 2017
2 recorded transactions
2017
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $2.1M +8.0%

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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