0 Murphy Road, Bend, OR 97702

$5,700,000
Property Type: Land Lot Size (sq. ft.): 567,151 Status: Closed
Current Price: $5,700,000 List Date: 1/08/2020 Last Modified: 2/10/2026

Overview

Description

This development parcel is located on South Highway 97 and fronts the Murphy Road extension to Brookswood Blvd. Ideally located to serve the fastest growing neighborhoods in Bend, the site has excellent access to the Parkway via the Murphy Road roundabout, overpass, and ramp. Residential development in southwest and southeast Bend has outstripped commercial services. The split commercial, mixed-use, and multi-family zoning is extremely flexible and would allow a combination of retail, medical, office, hotel, restaurant, and multi-family residential. Near Wal-Mart, Nike, Bend Factory Outlet Stores, Pioneer Crossing, and the new St. Charles Medical Clinic. The site could be combined with 2 adjacent parcels to the south: the WinCo Parcel (16.37 acres) and the
Oregon Department of Transportation Parcel (17.41 acres) allowing the developer the ability to create a master planned community on over 48 acres of

Listing Details MLS# 201510068

General Property Information

Property Sub Type
Commercial
Elementary School
Pine Ridge Elem
Middle Or Junior School
Pilot Butte Middle
High School
Summit High
Zoning
CG,ME,RM
Tax Annual Amount
4960
Tax Year
2018
Potential Tax Liability YN
No
Irrigation Water Rights YN
No
CC&R's YN
No
Association YN
No
Senior Community YN
No
FIRPTA YN
No
Sign On Property YN
Yes
Garage YN
No

Property Features

Sewer: None; Other Water Source: Public Listing Terms: Cash

Location Tax and Legal

Street Name
Murphy
Street Suffix
Road
County
Deschutes
State
OR
Postal Code
97702
Subdivision Name
CLAB

Contract Information

Original List Price
10775000
List Price per Acre
437788.02
Listing Contract Date
2015-10-01

Remarks and Miscellaneous

Public Remarks
This development parcel is located on South Highway 97 and fronts the Murphy Road extension to Brookswood Blvd. Ideally located to serve the fastest growing neighborhoods in Bend, the site has excellent access to the Parkway via the Murphy Road roundabout, overpass, and ramp. Residential development in southwest and southeast Bend has outstripped commercial services. The split commercial, mixed-use, and multi-family zoning is extremely flexible and would allow a combination of retail, medical, office, hotel, <span style=font-size: 10pt;>restaurant, and multi-family residential. Near Wal-Mart, Nike, Bend Factory </span><span style=font-size: 10pt;>Outlet Stores, Pioneer Crossing, and the new St. Charles Medical Clinic. T</span>he site could be combined with 2 adjacent parcels to the south: the WinCo Parcel (16.37 acres) and the<br>Oregon Department of Transportation Parcel (17.41 acres) allowing the developer the ability to create a master planned community on over 48 acres of
Directions
SW Corner Hwy 97 & Murphy Road

Status Change Information

Close Date
2021-08-06
Under Contract Date
2020-06-26
Status Change Timestamp
2021-08-18
Close Price
5700000
Sold Price per Acre
437788.02

More Information

Listing Office: Fratzke Commercial R.E. Advisors
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.