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    Property profile & analytics

    70 Century Dr Bend, OR 97702-3557

    • Industrial properties
    • 18,665 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimations
    $3,150,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-0551529
    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

    • Farquhar Tech / IT Consulting Firm / (Bike/Boat/Book/etc) Store
    • The Tank Doctor / Plumbing Service
    • Fred Real Estate Group: Jesse Lepez / Real Estate Agency
    • BackDrop Distilling / Brewery & Distillery / Bar & Pub
    • Dentist Bend Oregon / Dental Office

    Property Details for 70 Century Dr

    Year built
    1964
    Lot size
    0.55 lot acres
    Property size
    18,665 SF
    Property type
    Industrial properties
    APN
    181206 A0 00300
    APU
    181206A000300

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,149,000
      Market price range: $3.01M - $5.96M
      AI Estimate
      $3,149,000
      Market price range: $3.01M - $5.96M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $4,120,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.331
    Latitude
    44.0506
    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
    $20,804
    $0.00
    $0.00
    $1,301,310
    -
    $382,190
    $4,713,720
    $5,095,910

    Comparable in this City

    • Value Estimation
      $645,000
      3,478 SF

      1096 9th St Ste, Unit 110

      INDUSTRIAL (GENERAL) • 3,478 SF
      1096 9th St Ste, Bend, OR 97702-3056
      View Details
    • Value Estimation by Request
      2,751 SF

      1080 9th St Ste, Unit 120

      INDUSTRIAL (GENERAL) • 2,751 SF
      1080 9th St Ste, Bend, OR 97702-3059
      View Details
    • Value Estimation
      $1,960,000
      12,176 SF

      61562 American Ln

      INDUSTRIAL (GENERAL) • 12,176 SF
      61562 American Ln, Bend, OR 97702-9756
      View Details
    • Value Estimation
      $580,000
      3,600 SF

      361 Logsden St

      INDUSTRIAL (GENERAL) • 3,600 SF
      361 Logsden St, Bend, OR 97702-3085
      View Details
    • Value Estimation
      $3,150,000
      14,527 SF

      900 Wilson Ave

      INDUSTRIAL (GENERAL) • 14,527 SF
      900 Wilson Ave, Bend, OR 97702-1416
      View Details
    • Value Estimation
      $670,000
      3,321 SF

      1080 9th St Ste, Unit 100

      INDUSTRIAL (GENERAL) • 3,321 SF
      1080 9th St Ste, Bend, OR 97702-3059
      View Details

    Similar Nearby for Sale

    • $1,550,000

      Industrial Property on Wilson Street

      Fully leased industrial building with income through 2026.
      625 SE 9Th St, Bend, OR 97702
      View Details
    • $9,518,160
      2.11 Acres

      Bend Industrial Flex Space

      Prime Westside Bend location; 39,659 SF, mixed-use.
      107 Columbia St, Bend, OR 97702
      View Details
    • $6,000,000

      Westside Property with Redevelopment Potential

      Westside property suitable for owner/user, investment, or redevelopment.
      95 SW Columbia St, Bend, OR 97702
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      6,700 SF

      Bend Industrial Complex for Lease

      Modern Flex Space, 1,650 SF Available
      20700 Carmen Loop, Bend, OR 97702
      View Details
    • $1.05 SF/Yr
      9,000 SF

      Bend Flex Space For Lease

      9,000 SF flex space available for lease in Bend, Oregon.
      635 SE Business Way, Bend, OR 97702
      View Details
    • $1.70 SF/Yr

      Creative Space with Roastery & Club

      State-of-the-art campus with collaboration spaces and extensive parking.
      575 SE 9Th St, Bend, OR 97702
      View Details
    • $1.10 SF/Yr
      3,923 SF

      Bend Flex Space For Rent

      Professionally managed flex space with easy access and good visibility.
      615 Glenwood Dr SE, Bend, OR 97702
      View Details
    • $1.05 SF/Yr
      9,092 SF

      Bend Warehouse Space Available

      9,092 SF warehouse space for lease in Bend, Oregon.
      1305-1309 SE Armour Rd, Bend, OR 97702
      View Details

    Property Visit Statistics

    • Visits by month
      2.5k
    • Visitors by month
      1.9k
    • Avg Time on site
      23 min
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    70 Century Dr
    Bend, OR 97702-3557
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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