61379 Hwy 97, Bend, OR 97702-2105
This exceptional 4,394-square-foot retail space is ideally situated at 61379 S Hwy 97 in Bend, Oregon, within Deschutes County. Built in 2008, the property boasts a single-tenant occupancy and is currently entirely vacant, presenting a unique opportunity for a new business to establish a strong presence. The building sits on a sizable 0.68-acre lot, offering ample space for potential expansion or outdoor amenities. Its Commercial General (CG) zoning allows for a wide range of commercial uses, providing flexibility for prospective tenants. The property's location on Highway 97 ensures high visibility and accessibility, making it an attractive option for businesses seeking maximum exposure to a significant volume of traffic. The entire 4,394 square feet is available for lease, providing a substantial footprint for a variety of retail concepts. The property's 2008 construction suggests a relatively modern building with updated infrastructure, minimizing the need for extensive renovations. Its strategic location in Bend, Oregon, a thriving city with a robust economy, further enhances its appeal to potential tenants. The 97702 zip code indicates a location within a well-established commercial area, likely benefiting from existing infrastructure and customer base. This property represents a compelling investment opportunity for businesses seeking a prominent location with significant visibility and ample space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.