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Property profile & analytics
FOR SALE
Commercial land
63702 Clausen Rd, Bend, OR 97701
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0270162
For Sale
1 / 8
$1,756,000
63702 Clausen Rd, Bend, OR 97701
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Property summary
AI-generated overview
This exceptional investment opportunity presents two adjacent, level commercial lots totaling 1.26 acres. Strategically located just off Highway 97, north of Bend's Golden Triangle, this property benefits from its position within a thriving retail corridor. The area serves as a major Central Oregon trade hub, boasting established businesses such as Target, Home Depot, and Trader Joe's, indicating strong existing commercial activity and significant future growth potential. The parcels are conveniently situated with existing sidewalks. Zoned General Commercial (CG), these lots offer considerable flexibility for a variety of retail developments. The address is 63702 and 63720 Clausen Rd, Bend, Oregon, 97701, in Deschutes County. This prime location, combined with the substantial lot size and favorable zoning, makes this an ideal opportunity for investors seeking high-return commercial development in a rapidly expanding market. The asking price is $1,756,000.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.69 ac (30,056 SF)
APN
171209 D0 00407
UPID
US71-0270162
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
Nw Bnd R/e Holdings 63702 Clau · 14 yrs held
Nw Bnd R/e Holdings 63702 Clau
since 2011
3 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)
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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
Tax billed
$2,685
Tax year 2023
Assessed value
$167,980
Assessed 2023
Previous assessed
$158,340
+6.1% YoY
Effective rate
1.60%
On assessed value
Land market value
$206,990
Total market value
$206,990
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
0.69 ac (30,056 SF)
APN
171209 D0 00407
UPID
US71-0270162
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
Heating
NONE
Lot
0.69 ac
Current owner
From public records · entity-resolved
Nw Bnd R/e Holdings 63702 Clau
Entity
Free & Clear · 14 yrs held
Mailing address
420 SE MCKINLEY AVE, BEND, OR 97702-1702
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2011
$93,000
Nw Bnd R/e Holdings 63702 Clau
Criswell,david W
Trustees Deed
related
—
Dec 22, 2005
$460,000
Bethel Partners LLC
Aldridge,charles D & Susan E
Warranty Deed
$584,500 · Bank Of The Cascades
May 11, 2004
$234,000
Charles D Aldridge
Bruckner Allan D Trust
Grant Deed
$175,500 · Bank Of The Cascades
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.
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