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    Property profile & analytics

    661 Greenwood Ave Bend, OR 97701-4578

    • Turn key restaurants
    • 2,400 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $1,280,000
    Last Sale
    Mar 15, 2024
    $1,250,000
    Location Intelligence
    Property ID
    US71-0554782
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sage Birth Doula Support and Hypnobabies Classes / Midwife / Birth Center
    • Kobe Sushi & Hibachi Grill / Sushi Restaurant

    Property Details for 661 Greenwood Ave

    Year built
    1971
    Lot size
    0.16 lot acres
    Property size
    2,400 SF
    Property type
    Turn key restaurants
    APN
    171233 BD 05401
    APU
    171233BD05401

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,475,000
      6.5%
      $1,265,000
      7%
      $1,285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,405,000
      Geo Method
      $1,515,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,260,000
      Retail
      $1,165,000
      Mixed-Use
      $1,150,000
      Hospitality
      $1,255,000
      Educational
      $1,470,000
      Residential Income
      $1,305,000
      Energy
      $1,215,000
      Income-Based Land
      $1,315,000
      Food Service
      $1,250,000

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.296
    Latitude
    44.0597
    CBSA code
    13460
    CBSA name
    BEND, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,663
    $0.00
    $0.00
    $354,220
    -
    $266,140
    $344,310
    $610,450

    Comparable in this City

    • Value Estimation by Request
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      3,960 SF

      1503 4th St

      RESTAURANT • 3,960 SF
      1503 4th St, Bend, OR 97701-4241
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    • Value Estimation by Request
      9,170 SF

      20512 Robal Ln

      RESTAURANT • 9,170 SF
      20512 Robal Ln, Bend, OR 97701-6768
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    • Value Estimation by Request
      3,744 SF

      2670 Hwy 20

      RESTAURANT • 3,744 SF
      2670 Hwy 20, Bend, OR 97701-6298
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    • Value Estimation by Request
      5,743 SF

      1465 3rd St

      RESTAURANT • 5,743 SF
      1465 3rd St, Bend, OR 97701-4233
      View Details
    • Value Estimation by Request
      8,270 SF

      2000 3rd St Ste, Unit 104

      RESTAURANT • 8,270 SF
      2000 3rd St Ste, Bend, OR 97701-7401
      View Details

    Similar Nearby for Sale

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      High-return Sonic franchise, 11-year lease.
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    Similar Nearby for Lease

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    • $2 SF/Yr
      894 SF

      Retail Space Available For Lease

      Retail space available for lease in Bend, Oregon.
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      1,682 SF

      Retail Space with Ample Parking

      Retail space with on-site parking and signage opportunities.
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    • $1.70 SF/Yr
      2,342 SF

      Retail Space in Bend, Oregon

      Retail space available for lease in Bend, Oregon.
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    • $2 SF/Yr
      1,384 SF

      Retail Space on Highway 20

      Retail suites with high visibility and traffic on Highway 20.
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      View Details
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    661 Greenwood Ave
    Bend, OR 97701-4578
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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