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Property profile & analytics
OFF-MARKET Estimated value $11,605,000
Office Spaces

805 Industrial Way Bend, OR 97702-1118

25,548 SF 3.86 ac lot Built 1935
Entity Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US71-0179702
Property summary
AI-generated overview

This exceptional creative office space, located at 805 SW Industrial Way in Bend, Oregon, offers a unique opportunity for businesses seeking a vibrant and inspiring work environment. The property, situated within Deschutes County, boasts a total of 5,429 square feet, currently entirely vacant and ready for immediate occupancy. The flexible layout allows for multiple tenancy options, with a minimum divisible space of 2,503 square feet and a maximum contiguous space of 2,926 square feet. The building is zoned Mixed Riverfront (MR), suggesting potential for diverse uses and a prime location. This address provides easy access to Bend's amenities and benefits from the desirable riverfront location. The property is ideal for a variety of businesses seeking a modern and functional workspace. With its ample square footage and flexible configurations, this space is perfect for companies looking to expand or establish a new presence in Bend's thriving business community. The entire 5,429 square feet is available, presenting a rare opportunity to secure a substantial and well-located office space in a highly sought-after area. The 97702 zip code ensures convenient access to transportation and local services. Contact us today to schedule a viewing and explore the possibilities of this remarkable property.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1935
Total area 25,548 SF
Lot 3.86 ac (168,142 SF)
APN 181205 BA 00400
UPID US71-0179702
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
  • EXIT Realty Bend Real Estate Agency
  • MRS Bend Homes L. Suzanne Wegmet & Raechelle Boddy Berkshire Hathaway HomeServices Northwest Real Estate Agency
  • Scott Johnson Real Estate Agency
  • Jennifer Nickelson Realtor Real Estate Agency
  • Merrill O'Sullivan, LLP Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.61M
Blend (final) Blend
$11.61M
Owner & transaction history
Milla Associates LP · 18 yrs held
Milla Associates LP
since 2008
3 recorded transactions
2008
Price N/A
2005
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $10.3M +16.0%
Auto repair, garage $9.8M +9.8%
Apartment house (5+ units) $9.8M +9.6%
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