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Property profile & analytics
OFF-MARKET
Bed & breakfasts
642 Colorado Ave, Bend, OR 97703-3218
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US71-0132393
Property profile
Verified
Property type
Bed & breakfasts
Use group
BED & BREAKFAST
Year built
1920
Total area
4,488 SF
Lot
0.1 ac (4,356 SF)
Zoning code
GI
APN
171232 CD 10900
UPID
US71-0132393
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
-
Mill Inn Bed & Breakfast Bed & Breakfast Restaurant
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
River Wild LLC · 13 yrs held
River Wild LLC
since 2013
6 recorded transactions
Zoning & alternative use
GI · Bend, OR
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
Tax billed
$4,941
Tax year 2023
Assessed value
$309,060
Assessed 2023
Previous assessed
$291,330
+6.1% YoY
Effective rate
1.60%
On assessed value
Land market value
$463,100
Improvement market value
$1,064,980
Total market value
$1,528,080
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
Bed & breakfasts
Use group
BED & BREAKFAST
Status
Off-Market
Year built
1920
Heating
NONE
Stories
2
Bathrooms
8
Total area
4,488 SF
Lot
0.1 ac (4,356 SF)
Zoning code
GI
APN
171232 CD 10900
UPID
US71-0132393
Jurisdiction
DESCHUTES
Zoning & alternative use
GI · Bend, OR
Zoning GI · permitted uses
GI · Bend, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bend. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Stories
2
Bathrooms
8
Lot
0.1 ac
Current owner
From public records · entity-resolved
River Wild LLC
Entity
Mailing address
61377 BIG EDDY CIR, BEND, OR 97702-1146
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2022
—
River Wild LLC
—
Deed
related
$360,000 · Idaho First Bank
Mar 1, 2013
$524,635
River Wild LLC
Cocc Foundation Property LLC
Warranty Deed
$401,250 · High Desert Bank
Jan 17, 2012
—
Central Oregon Cmnty Clg Foun
Mill Inn LLC
Grant Deed
—
Jun 9, 2009
—
Mill Inn LLC
Mason,carol R
Warranty Deed
—
Sep 24, 2004
—
Carol R Mason
Maly,george A III
Warranty Deed
related
—
Dec 1, 2003
—
George A Maly III
Maly,cecilie
Quit Claim Deed
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.
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