233 Wilson AveBend, OR 97702

  • Office properties
  • 23,856 SF
For Lease
$22.80/SF/YR View listing

Property Details for 233 Wilson Ave

Year built
2003
Lot size
1.24 AC
Property size (Sq ft)
23,856 SF
Property type
Office properties
Property subtype
Office buildings
APN
181205 AC 03000
APU
181205AC03000

Description

This exceptional executive office space, totaling 2,651 square feet, is ideally situated at 233 SW Wilson Ave in Bend, Oregon, 97702. The Cascades Building offers a unique opportunity for businesses seeking a prestigious location with stunning riverfront views. The entire space is currently vacant, providing immediate occupancy for a single tenant or the potential for multiple tenants. The property boasts a Mixed Use Riverfront (MR) zoning designation, opening up various possibilities for its use. Located in Deschutes County, this property benefits from the vibrant Bend business environment. The building's total square footage is 2,651 square feet, all of which is available for lease. The property is classified as an Executive Office space, suitable for professional businesses requiring a high-quality, well-located office environment. The address is easily accessible and offers excellent visibility. This is a rare opportunity to secure a substantial, fully vacant office space in a desirable Bend location. The property's size and zoning provide flexibility for a variety of business needs. Interested parties are encouraged to inquire for further details and leasing options. The property's prime location and riverfront views offer an unparalleled work environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,888,314
    6.5%
    $4,512,290
    7%
    $4,189,983
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,112,623
    Geo Method
    $6,112,623
  • Alternative Use

    Use
    Valuation
    Residential
    $5,595,240
    Hospitality
    $5,125,209
    Educational
    $4,264,114
    Medical
    $4,410,763
    Retail
    $6,633,066
233 Wilson Ave, Bend, Oregon

Location Insight

City
Bend
County
Deschutes
State
Oregon
Latitude
44.0459
Longitude
-121.311
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
$48,430
-
-
$3,029,350
-
$2,360,610
$3,115,160
$5,475,770

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