64624 Cook Ave, Bend, OR 97703
For Sale
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This exceptional .22-acre commercially zoned lot is ideally situated in the heart of Downtown Tumalo, Oregon, offering unparalleled visibility and accessibility. Located directly off Cook Avenue, the main thoroughfare running through Tumalo, this property enjoys convenient access to Highway 20, providing easy connections to Bend and Sisters. The vibrant surrounding area boasts a thriving mix of businesses, including food carts, cider houses, and coffee shops, ensuring high foot traffic and a strong commercial presence. This remarkable opportunity is further enhanced by approximately $150,000 in existing improvements, including a new parking lot and sewer system. The property also benefits from a Conditional Use Permit (CUP) from Deschutes County, specifically for the construction of an office or storage building, streamlining the development process. This turnkey lot presents a rare chance to acquire a prime commercial property in a rapidly growing area. The asking price is $700,000, and owner carry financing options are available. Don't miss this exceptional investment opportunity
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.