Property profile

61555 Parrell Rd Bend, OR 97702

OFF-MARKET
Medical Office Space
Property ID
US71-0659199
2,268 SF 0.53 ac lot Built 1963
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1963
Total area 2,268 SF
Lot 0.53 ac (23,087 SF)
APN 181208 AA 01501
UPID US71-0659199

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Counselor Marriage Or Relationship Counselor

Location

61555 Parrell Rd Bend, OR 97702-2701
Bend metro Census 2002 BEND, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$525k
Comparable Approach Comparable
$732k
Blend (final) Blend
$780k

Owner & transaction history

since 2020
Last sale
$720,000
3 recorded transactions
2020
$720,000
2019
Price N/A
2015
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $915,000 +26.6%
Auto repair, garage $865,000 +19.8%
Commercial (general) $790,000 +9.1%

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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