Property profile

695 York Dr Bend, OR 97703

OFF-MARKET
Medical Office Space
Property ID
US71-1395158
8,377 SF 0.4 ac lot Built 2020
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,178 square foot medical office suite is available for sublease until May 2025, with the possibility of a longer-term lease. Located at 695 NW York Dr, Bend, OR 97703, in the vibrant Northwest Crossing neighborhood, this first-floor space boasts abundant natural light and is situated within a Class B, two-story building constructed in 2020. The 7,744 square foot building features a total of 24 parking spaces, providing ample convenience for patients and staff. The property sits on 0.4 acres and is zoned ME (Mixed Employment), making it suitable for a variety of medical uses. Ideal for specialty medical practices, aesthetic medicine, or laboratory use, this location benefits from excellent foot traffic due to its proximity to Summit High School. The building is currently home to a concierge medical practice, a prosthodontics practice, and a financial services firm, ensuring a professional and established environment. This is a rare opportunity to secure a well-appointed space in a thriving Bend neighborhood.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2020
Total area 8,377 SF
Lot 0.4 ac (17,424 SF)
APN 171136 CA 00800
UPID US71-1395158

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Medical Clinic
  • Physician
  • Physician
  • Medical Clinic

Location

695 York Dr Bend, OR 97703-9702
Bend metro Census 1302 BEND, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.14M
Blend (final) Blend
$795k

Owner & transaction history

since 2021
5 recorded transactions
2021
Price N/A
2020
$435,000
2017
Price N/A
2005
$243,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $3.4M +26.6%
Auto repair, garage $3.2M +19.8%
Apartment house (5+ units) $3.2M +19.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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