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    Property profile & analytics
    OFF-MARKET Estimated value $2,330,000
    Office buildings

    698 York Dr, Bend, OR 97703-9732

    7,341 SF 0.54 ac lot Built 2004
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US71-0414298
    Property summary
    AI-generated overview

    This exceptional 7,341-square-foot freestanding office building is situated in the desirable Northwest Crossing area of Bend, Oregon. Built in 2005, the two-story structure sits on a 0.54-acre lot and offers a single-tenant occupancy opportunity. The building boasts ample parking with 25 spaces available. The interior layout is highly adaptable, making it suitable for a variety of professional services firms. The main floor features a well-designed private office configuration, ideal for a law office, mortgage company, real estate agency, financial services firm, or corporate headquarters. The layout could also be easily adapted for mental health services, incorporating group meeting rooms, or for ancillary medical uses such as physical therapy or chiropractic practices. The spacious second floor offers a flexible open layout, perfect for additional workstations or adaptable workspaces. The property's prime location within Northwest Crossing provides convenient access to a variety of amenities, including numerous dining and shopping options, and is near other medical facilities. This is a rare opportunity to acquire a well-maintained, versatile office building in a thriving Bend neighborhood. The property is located at 698 NW York Dr, Bend, OR 97703, in Deschutes County.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2004
    Total area 7,341 SF
    Lot 0.54 ac (23,522 SF)
    APN 171136 CA 00400
    UPID US71-0414298
    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
    • Hansen & Larson, LLC Law Firm
    • Capstone Valuations Real Estate Agency
    • AGP Wealth Advisors - Ameriprise Financial Services, LLC Financial Advisor
    • Brett Ferguson - Ameriprise Financial Services, LLC Financial Advisor
    • John-Paul Daly - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.96M
    Blend (final) Blend
    $2.33M
    Owner & transaction history
    Nw York Place LLC · 8 yrs held
    Nw York Place LLC
    since 2017
    Last sale
    $2.7M
    7 recorded transactions
    2017
    2017
    $2.4M
    2015
    $1.6M
    2008
    $2.1M
    2007
    2004
    $216,915
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $3.0M +29.5%
    Auto repair, garage $2.8M +22.6%
    Apartment house (5+ units) $2.8M +22.4%
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