New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,525,000
Warehouses
63257 Nels Anderson Rd, Bend, OR 97701-5701
Individually Owned
3-yr Hold
Free & Clear
Property ID
US71-0442895
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1975
Total area
36,660 SF
Lot
1.28 ac (55,757 SF)
APN
171216 C0 00601
UPID
US71-0442895
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
Current use
Occupant on record · Public records
-
HomeRx Insulation General Contractor Renovation Specialist
-
Bend Soap Company Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.33M
Comparable Approach
Comparable
$4.98M
Blend (final)
Blend
$6.53M
Owner & transaction history
State Of Oregon · 3 yrs held
State Of Oregon
since 2022
Last sale
$6.7M
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
Method
Estimation
Statistic approach
$6,370,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,850,000
6.5%
$6,325,000
7%
$5,875,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,545,000
Current use
Blend value · Realmo final
$6.53M
Range $5.87M – $7.18M · ±10% · vs last sale $6.70M (Dec 13 2022)
Last sale anchor
$6.70M
Dec 13 2022
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
$178 / 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
$29,119
Tax year 2023
Assessed value
$1,821,450
Assessed 2023
Previous assessed
$1,716,900
+6.1% YoY
Effective rate
1.60%
On assessed value
Land market value
$836,355
Improvement market value
$5,702,100
Total market value
$6,538,455
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Heating
NONE
Total area
36,660 SF
Lot
1.28 ac (55,757 SF)
APN
171216 C0 00601
UPID
US71-0442895
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
WAREHOUSE, STORAGE Current
Est. value
$7.5M
WAREHOUSE, STORAGE Current
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
1975
Heating
NONE
Lot
1.28 ac
Current owner
From public records · entity-resolved
State Of Oregon
Individual
Free & Clear · 3 yrs held
Mailing address
4040 FAIRVIEW INDUSTRIAL DR SE, SALEM, OR 97302-1142
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Dec 13, 2022
$6,700,000
State Of Oregon
Tobron Oregon LLC
Bargain And Sale Deed
—
Dec 13, 2022
—
State Of Oregon
Performance Insulation & Energy Svc
Quit Claim Deed
related
—
Apr 19, 2013
$650,000
Tobron Or LLC
Nw Bnd R/e Holdings Nels Ander
Grant Deed
—
Jun 22, 2012
$10,540,000
Bnd R E Holdings Nels An Nw
Ghs LLC
Deed In Lieu Of Foreclosure
—
Nov 30, 2009
—
Ghs LLC
—
Deed Of Trust
related
$4,116,457 · Bank Of The Cascades
Mar 3, 2006
$2,700,000
Ghs LLC
Russell,stephen G & Dena M
Grant Deed
$10,540,000 · Bank Of The Cascades
—
—
Ghs LLC
—
Deed Of Trust
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 63257 Nels Anderson Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
