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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Industrial properties
56 Bridgeford Blvd, Bend, OR 97702-2664
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-0320837
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2007
Total area
3,648 SF
Lot
0.56 ac (24,394 SF)
APN
181204 A0 04000
UPID
US71-0320837
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
$1.17M
Blend (final)
Blend
$1.26M
Owner & transaction history
Maxman Properties 2 LLC · 1 yrs held
Maxman Properties 2 LLC
since 2025
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.5M
+83.0%
Auto repair, garage
$1.4M
+73.2%
Commercial (general)
$1.3M
+57.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bend submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$805,000
Current use
RETAIL STORES
$1,475,000
Change: +83% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,395,000
Change: +73% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,270,000
Change: +58% · Conversion: Difficult
MEDICAL BUILDING
$1,165,000
Change: +45% · Conversion: Difficult
OFFICE BUILDING
$1,155,000
Change: +43% · Conversion: Difficult
WAREHOUSE, STORAGE
$895,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±10% · vs last sale $1.36M (Nov 18 2024)
Last sale anchor
$1.36M
Nov 18 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$345 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,603
Tax year 2023
Assessed value
$538,160
Assessed 2023
Previous assessed
$507,280
+6.1% YoY
Effective rate
1.60%
On assessed value
Land market value
$345,260
Improvement market value
$905,490
Total market value
$1,250,750
Applied tax rate
1,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2007
Heating
NONE
Buildings
2
Total area
3,648 SF
Lot
0.56 ac (24,394 SF)
APN
181204 A0 04000
UPID
US71-0320837
Jurisdiction
DESCHUTES
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$805,000
RETAIL STORES
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$895,000
INDUSTRIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Buildings
2
Lot
0.56 ac
Current owner
From public records · entity-resolved
Maxman Properties 2 LLC
Entity
Mailing address
PO BOX 190, BEND, OR 97709-0190
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2025
$1,355,000
Maxman Properties 2 LLC
7 Tigers LLC
Warranty Deed
$680,000 · Washington Federal NA
Jul 8, 2020
—
7 Tigers LLC
—
Deed
related
$208,878 · Mid Or FCU
Apr 30, 2010
$385,000
7 Tigers LLC
Sterling Savings Bank
Special Warranty Deed
$290,500 · Mid Oregon Federal Credit Union
Jul 28, 2009
—
Sterling Savings Bank
Clearview Builders INC
Deed In Lieu Of Foreclosure
—
Jul 6, 2006
$299,900
Clearview Builders INC
Tac Properties LLC
Warranty Deed
$723,000 · Sterling Savings Bank
Feb 17, 2005
$425,000
Tac Properties LLC
Peterman Kevin Trust
Warranty Deed
$260,000 · Liberty Bank
—
—
7 Tigers LLC
—
Loan Modification
related
$208,878 · Mid Or FCU
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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