Proposed Commercial Development

For Sale

63570 NE Hunnell Rd, Bend, OR 97701

This Bend property for sale is located at 63570 NE Hunnell Rd. The current listed sale price for Proposed Commercial Development is $2,600,000. Proposed Commercial Development is situated on a lot that is 1.46 acre in size.

Contacts

broker

Chuck Brazer

NAI Cascade

Property Details

  • Property Type Multi-Family
  • Property Size 126,800 SF
  • Units 51
  • Lot Size 1.46 Acre
  • Additional Rent Contact for pricing
  • Date Updated Jul 10, 2024
This commercial development allows for a wide variety of uses. Directly adjacent to Costco’s new development site and located near Cascade Village, an area of national/big-box retailers. Current multifamily and storage concept valuation of $30.5M, and adjacent to proposed 252-unit housing development (senior and market). There is currently a mixed-use “concept” in pre-app status for the subject property. The concept is for a 5-story storage and multifamily project. The project would comprise of 713 units of storage on floors one through four, and 26 units of multifamily on the top (fifth) floor. Total project completion value when stabilized of approximately $30,500,000 based on a 5.35% blended cap. Seller has stated he would be willing to partner or act as fee developer for a new investor wanting to entitle current concept.

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Highlights

  • • CG zoning allows for a wide variety of uses
  • • Proposed mixed-use development (multifamily and storage)
  • • Directly adjacent to Costco's new development site (Gateway North)
  • • Located in the "Golden Triangle" near Cascade Village, an area of national/big-box retailers
  • • Current multifamily and storage concept valuation of $30.5M
  • • Adjacent to proposed 252-unit housing development (senior and market)

Attachments

Getting around

  • 36/100

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  • 22/100

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  • 55/100

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Location

  • City Bend, OR
  • Neighborhood Boyd Acres
  • Zip Code 97701
  • Market Eugene

Points of Interest

  • Space Age

    0.62 miles

  • Conoco

    1.47 miles

  • Chevron

    1.51 miles

  • Mobil

    1.71 miles

  • enel X

    2.99 miles

  • Tumalo Country Store

    3.18 miles

  • Shell

    3.20 miles

  • Arco

    3.30 miles

  • Pacific Pride

    3.32 miles

  • Tesla Supercharger

    4.11 miles

  • Riley Ranch Parking

    1.34 miles

  • Boneyard Overflow Parking

    2.78 miles

  • C5

    3.25 miles

  • C6

    3.27 miles

  • C4

    3.29 miles

  • C3

    3.31 miles

  • C1

    3.36 miles

  • E1

    3.44 miles

  • A2

    3.51 miles

  • I3

    3.54 miles

  • Best Western Plus

    0.59 miles

  • Quality Inn

    0.66 miles

  • Tom Tom Motel

    1.30 miles

  • Sugarloaf Mt. Motel

    1.50 miles

  • Shilo Inn

    1.79 miles

  • Riverhouse on the Deschutes

    1.93 miles

  • Red Lion Inn & Suites Deschutes River Bend

    2.02 miles

  • Bend Value Inn

    2.41 miles

  • Mt. Bachelor Motel

    2.41 miles

  • Fairfield Inn

    2.89 miles

  • Target

    0.26 miles

  • Ross

    0.50 miles

  • Food 4 Less

    0.57 miles

  • Trader Joe's

    0.63 miles

  • WinCo Foods

    1.53 miles

  • Macy's

    1.75 miles

  • Kohl's

    1.77 miles

  • Natural Grocers

    1.82 miles

  • TJ Maxx

    1.85 miles

  • Albertsons

    2.75 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Chuck Brazer

NAI Cascade