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    Property profile & analytics
    OFF-MARKET Estimated value $3,150,000
    Manufacturing properties

    63270 Lyman Pl, Bend, OR 97701-6593

    28,492 SF 1.57 ac lot Built 1977
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US71-0780928
    Property summary
    AI-generated overview

    This exceptional 28,492-square-foot industrial facility, situated on a 1.57-acre lot (68,389 sq ft) in Bend, Oregon, presents a unique investment opportunity. Built in 1977 and extensively renovated in 2016 with over $2.5 million in capital improvements, this single-tenant building boasts three dock-high doors and one drive-in door, providing efficient loading and unloading capabilities. The property features 22 dedicated parking spaces, plus ample street parking, ensuring convenient access for employees and visitors. Inside, the building benefits from a robust power supply (1600A 480/277V 3PH 4W), a comprehensive sprinkler system, and significant HVAC upgrades, including four split systems with Quest humidifiers and dehumidifiers for precise climate control across four large rooms. A central nutrient reservoir further enhances operational efficiency. Zoned Light Industrial (IL), the property offers a 40.6% lot coverage ratio, allowing for substantial outside storage. Its strategic location near the Highway 97/20 interchange provides excellent visibility, accessibility, and convenient ingress/egress, significantly enhanced by the recent Highway 97 reroute completion. The property's versatile design makes it suitable for various industrial operations, including food and beverage processing, pharmaceutical manufacturing, and other production or distribution activities. APN: 171216C000900. Deschutes County. Address: 63270 Lyman Pl, Bend, OR 97701.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1977
    Total area 28,492 SF
    Lot 1.57 ac (68,389 SF)
    APN 171216 C0 00900
    UPID US71-0780928
    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
    • Pacific Home Builders Construction Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.15M
    CAP Approach CAP
    $4.05M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.15M
    Owner & transaction history
    Lyman Place LLC · 1 yrs held
    Lyman Place LLC
    since 2024
    Last sale
    $3.2M
    7 recorded transactions
    2024
    $3.2M
    2017
    $2.9M
    2016
    2010
    $355,000
    2010
    2005
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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