20420 Robal Lane, Bend, OR 97703
$10,750,000
Property Type:
Commercial Sale
Square Footage:
6,900
Lot Size (sq. ft.):
359,370
Status:
Closed
Current Price:
$10,750,000
List Date:
9/02/2021
Last Modified:
2/10/2026
Description
LOT SIZE One single tax lot divided into two separate parcels
8.25 acres Total, estimated at 7.4 +/- acres net buildable/net leasable
BUILDING SF 6,900 RSF two-story CMU block facility
ZONING CG – Commercial General – With residential use allowed. Zoning allows for a maximum height of 45 feet (up to 55 feet for mixed-use) and 43 units per gross acre.
OCCUPANCY 100% Occupied
CAP RATE 5.25%
NNN MASTER LEASE WITH 5 YEARS REMAINING.
For more details, please see the attached document outlining the investment opportunity.
Supplements: ********
More Information MLS# 220131016
Location, Tax, and Legal
Cross Street: Hunnell Road
Parcel Number: 117906
Tax Map Number: 171216BO
Tax Block: 14
Lot Size Acres: 8.25
Lot Size Square Feet: 359370
Additional Parcels YN: No
Currently Not Used
List Price per SqFt: 1490.58
General Property Information
Building Area Total: 6900
Building Area Source: Assessor
Building Area Units: Square Feet
# of Units Total: 1
New Construction YN: No
Zoning: CG
Tax Annual Amount: 32388.2
Tax Year: 2020
CC&R's YN: No
FIRPTA YN: No
Sign On Property YN: No
Year Built: 1999
Remarks and Miscellaneous
Public Remarks: LOT SIZE One single tax lot divided into two separate parcels
8.25 acres Total, estimated at 7.4 +/- acres net buildable/net leasable
BUILDING SF 6,900 RSF two-story CMU block facility
ZONING CG – Commercial General – With residential use allowed. Zoning allows for a maximum height of 45 feet (up to 55 feet for mixed-use) and 43 units per gross acre.
OCCUPANCY 100% Occupied
CAP RATE 5.25%
NNN MASTER LEASE WITH 5 YEARS REMAINING.
For more details, please see the attached document outlining the investment opportunity.
Status Change Information
Sold Price per SqFt: 1557.97
Close Date: 2022-03-31
Under Contract Date: 2022-01-15
Status Change Timestamp: 2022-03-31
Close Price: 10750000
Additional Features
Office Space: 1
Income and Expenses (Annual Amounts)
Cap Rate %: 5.25
Common Walls
No Common Walls: 1
Cooling
Central Air: 1
Construction Materials
Block: 1
Flooring
Concrete: 1
Listing Terms
Cash: 1
Foundation Details
Slab: 1
Heating
Heat Pump: 1
Levels
Two: 1
Roof
Asphalt: 1
Road Surface Type
Paved: 1
Existing Lease Type
Absolute Net: 1
Business Details
Business Included?: No
Parking Features
Asphalt: 1
Sewer
Sand Filter: 1
Utilities
Electricity Connected: 1
Water Source
Private: 1
Parking Details
Parking: Yes
# of Carports: 2
# of Parking Spaces: 80
# of Other Parking: 300
Documents on File
APOD: 1
Engineers Report: 1
Environment Report: 1
Seller Disclosure: 1
Special Listing Conditions
Standard: 1
Location Tax and Legal
Street Number: 20420
Street Name: Robal
Street Suffix: Lane
County: Deschutes
State: OR
Postal Code: 97703
Contract Information
Original List Price: 11250000
Current Price: $10,750,000
Status: Closed
Sold Price: $10,750,000
Listing Contract Date: 2021-08-09
Property Features
Additional Features: Office Space
Common Walls: No Common Walls
Construction Materials: Block
Cooling: Central Air
Flooring: Concrete
Foundation Details: Slab
Heating: Heat Pump
Levels: Two
Roof: Asphalt
Existing Lease Type: Absolute Net
Utilities: Electricity Connected
Parking Features: Asphalt
Road Surface Type: Paved
Sewer: Sand Filter
Water Source: Private
Documents on File: APOD; Engineers Report; Environment Report; Seller Disclosure
Listing Terms: Cash
Special Listing Conditions: Standard
Documents
Marketing Flyer ›
Listing Office:
Fratzke Commercial R.E. Advisors
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.