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Property profile & analytics
FOR SALE
Commercial real estate
63205 Gibson Air Rd Bend, OR 97701
Entity Owned
4-yr Hold
Free & Clear
Property ID
US71-0712668
For Sale
1 / 6
$989,000
63205 Gibson Air Rd, Bend, OR 97701
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Total area
28,400 SF
Lot
157.15 ac (6,845,454 SF)
APN
171317 C0 00100
UPID
US71-0712668
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
63354 Powell Butte LLC · 4 yrs held
63354 Powell Butte LLC
since 2021
Last sale
$825,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Assessed value
$14,897,740
Assessed 2023
Previous assessed
$12,060,090
+23.5% YoY
Land market value
$405,390
Improvement market value
$36,239,795
Total market value
$36,645,185
Applied tax rate
1,003.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
2006
Heating
NONE
Buildings
32
Total area
28,400 SF
Lot
157.15 ac (6,845,454 SF)
APN
171317 C0 00100
UPID
US71-0712668
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
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Buildings
32
Lot
157.15 ac
Current owner
From public records · entity-resolved
63354 Powell Butte LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 431, BEND, OR 97709-0431
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2021
$825,000
63354 Powell Butte LLC
Pamela J Bronson
Warranty Deed
—
Feb 19, 2021
—
Aero Facilities LLC
William M Muzio
Sub Lease
related
—
Feb 1, 2012
—
Aero Facilities LLC
—
Deed Of Trust
related
$2,575,178 · Premierwest Bank
Sep 23, 2011
—
Aero Facilities LLC
—
Deed Of Trust
related
$2,575,178 · Premierwest Bank
Jul 7, 2011
—
Aero Facilities LLC
—
Deed Of Trust
related
$2,575,178 · Premierwest Bank
Jun 14, 2010
—
Aero Facilities LLC
—
Deed Of Trust
related
$2,575,178 · Premierwest Bank
Nov 18, 2008
—
Aero Facilities LLC
—
Deed Of Trust
related
$2,575,178 · Premierwest Bank
—
—
Aero Facilities LLC
—
Deed Of Trust
related
$1,894,505 · Premier W Bk
—
—
Aero Facilities LLC
—
Loan Modification
related
—
—
—
Aero Facilities LLC
—
Deed Of Trust
related
$1,894,505 · Premierwest Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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