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Property profile & analytics
OFF-MARKET
Estimated value
$3,150,000
Commercial real estate
924 Wilson Ave Bend, OR 97702-1497
Individually Owned
3-yr Hold
Free & Clear
Property ID
US71-0996614
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1985
Total area
6,120 SF
Lot
0.5 ac (21,780 SF)
APN
181204 AC 01100
UPID
US71-0996614
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
-
Odyssey Martial Arts Training Center Sports School
-
Bonta Gelato - Creamery & Tasting Room Grocery & Convenience Store Specialty Food Shop
-
Northwest Freezer and Cooler Big Box & Wholesale Store
-
Bend Oregon Self Storage Storage Facility
-
Applied Industrial Technologies Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.15M
Owner & transaction history
Richard Brashears & Mitzi Lazzaresc · 3 yrs held
Richard Brashears & Mitzi Lazzaresc
since 2023
Last sale
$3.5M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bend submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.15M
Range $2.84M – $3.47M · ±10% · vs last sale $3.49M (May 19 2023)
Last sale anchor
$3.49M
May 19 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$515 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,936
Tax year 2023
Assessed value
$433,830
Assessed 2023
Previous assessed
$408,940
+6.1% YoY
Effective rate
1.60%
On assessed value
Land market value
$527,810
Improvement market value
$479,190
Total market value
$1,007,000
Applied tax rate
1,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1985
Heating
NONE
Total area
6,120 SF
Lot
0.5 ac (21,780 SF)
APN
181204 AC 01100
UPID
US71-0996614
Jurisdiction
DESCHUTES
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Lot
0.5 ac
Current owner
From public records · entity-resolved
Richard Brashears & Mitzi Lazzaresc
Individual
Free & Clear · 3 yrs held
Mailing address
900 SE WILSON AVE STE D, BEND, OR 97702-1416
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2023
—
Richard Brashears & Mitzi Lazzaresc
Richard P Brashears
Intrafamily Transfer
related
—
Jul 5, 2013
$3,490,000
Petrescu Ventures LLC
East Bend Plaza LLC
Warranty Deed
$2,100,000 · Onpoint Community Cu
Apr 2, 2009
—
East Bend Plaza LLC
—
Deed Of Trust
related
$1,765,000 · South Valley Bank & Trust
Oct 9, 2008
—
East Bend Plaza LLC
—
Trustees Deed
related
$248,035 · South Valley Bank & Trust
Mar 17, 2004
—
Tapia Maria G Trust,
Tapia Maria G Trust,
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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