Reynolds M. Maxwell, CCIM, BrokerCascade Sotheby’s International Realty | Commercial Division919.593.1190reynolds.maxwell@cascadesir.com

FOR SALE63165 18th Street, Bend, OR 97701

• PRIME, MIXED-USE DEVELOPMENT LAND• A+ LOCATION IN NE BEND• 6.6 TOTAL ACRES (6.0 BUILDABLE ACRES)

• ZONED CC, RM, & PO• 2 TAX PARCELS (MUST BE PURCHASED AS A PACKAGE)

- Market Value = $3,348,022 ($12.79 per SF )

- Net sales price (after deducting the cost of new Right of Way)= $3,034,932 ($11.59 per SF)

C O M M E R C I A L D I V I S I O N

EACH OFFICE IS INDEPENDENTLY OWNED AND OPERATED.

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HORIZONTAL SCALE: FEET

60' PROPOSEDRIGHT OF WAY,REQUIRED FORDEVELOPMENT

HIGHLIGHTS:· Excellent high-visibility and high-traffic location at the Empire Ave. and 18th St. roundabout

· Surrounded by high-density residential and commercial properties, at the intersection of 2 major streets

· Flexible zoning (CC, RM & PO) perfectly suits urgent residential and commercial demand

· Higher density multi-family is possible with conditional use permit (adjacent PO property granted 27 units/ac)

· Relatively flat site. Not previously developed.

· Clean Phase 1 (2010)

· High capacity water and sewer services and all utilities are adjacent to the site

· New Right of Way (Eastview Dr extension) must be constructed through the site (cost to construct has been deducted from sales price)

· Site will have ideal visibility and/or access from all 4 sides

Reynolds M. Maxwell, CCIM, BrokerCascade Sotheby’s International Realty | Commercial Division919.593.1190reynolds.maxwell@cascadesir.com

Acreage figures are net of new Right of Way (Eastview Drive) which is required prior to new development per Bend Planning Dept.

EACH OFFICE IS INDEPENDENTLY OWNED AND OPERATED.

FOR SALE63165 18th Street, Bend, OR 97701 C O M M E R C I A L D I V I S I O N

ADDRESS ZONING ACREAGE PRICE/SQ FT PRICE

63165 18th St./Taxlot 300 RM 1.25

63165 18th St./Taxlot 300 PO .62

= 1.87 $9.00 $733,115

No situs address/Taxlot 200 CC 4.14 $14.50 $2,614,907

Total (net buildable) 6.01 $3,348,022

Less cost to install new Right of Way -$313,090

NET SALES PRICE $11.59 $3,034,932