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Property profile & analytics
FOR SALE
Commercial real estate

61200 SE 27Th St Bend, OR 97702

261 ac lot
Property ID
US71-1210932
61200 SE 27Th St, Bend, OR 97702 For Sale
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61200 SE 27Th St, Bend, OR 97702
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Property summary
AI-generated overview

This exceptional 262± acre land parcel, located at 61200 SE 27th St, Bend, OR 97702 (APN 181211-00-00100), presents a unique chance to create a landmark master-planned community. Situated in Deschutes County's Urbanizable Area (UA) zoning, this property is primed for development, having recently been added to the Comprehensive Plan and included within the Urban Growth Boundary (UGB). It's ready for master plan approval and annexation into the City of Bend. The site's permitted uses include residential, multifamily, commercial, and mixed-use developments, allowing for a diverse and vibrant community. Plans allow for a minimum of 2,487 residential units, with a designated area for commercial and mixed-use employment opportunities, addressing Bend's growing need for housing and jobs. The property boasts a highly desirable location at the southeastern edge of Bend, adjacent to the new Stevens Ranch Master Plan and easily accessible via Stevens Road, a major arterial street. The relatively level topography offers stunning views of the Cascade Mountains. This developer-ready site in one of America's fastest-growing cities provides an unparalleled investment opportunity in a thriving market with abundant amenities, including numerous parks and trails. The property's size and versatility make it an ideal location for a large-scale development project that will significantly contribute to Bend's continued growth and prosperity.

Property profile
Verified
Property type Commercial real estate
Lot 261 ac (11,369,160 SF)
APN 181211-00-00100
UPID US71-1210932
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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