64435 O B Riley Road, Bend, OR 97703
$4,712,000
Property Type:
Commercial Sale
Square Footage:
40,000
Lot Size (sq. ft.):
124,582
Status:
Closed
Current Price:
$4,712,000
List Date:
5/09/2017
Last Modified:
2/10/2026
Overview
Description
Listing Details MLS# 201703739
General Property Information
- Building Area Total
- 40000
- Year Built
- 2015
- New Construction YN
- No
- Zoning
- TUI
- Tax Annual Amount
- 28995
- Tax Year
- 2017
- CC&R's YN
- No
- Preferred Escrow Company & Officer
- Amerititle
- Sign On Property YN
- No
Property Features
Flooring:
Concrete
Foundation Details:
Slab
Levels:
One
Roof:
Metal
Existing Lease Type:
Month To Month
Business Type (AKA Sub Type):
Income/Investment; Other
Owner Pays:
Electricity; Exterior Maintenance; Insurance; Repairs; Taxes
Lot Features:
Fenced; Landscaped; Sprinkler Timer(s)
Miscellaneous Information:
Overhead/Dock Doors
Parking Features:
Asphalt; Parking Lot
Special Assessments:
None
View:
Territorial
Sewer:
None; Other
Water Source:
Well
Listing Terms:
Cash
Location Tax and Legal
- Street Number
- 64435
- Street Name
- O B Riley
- Street Suffix
- Road
- County
- Deschutes
- State
- OR
- Postal Code
- 97703
- Subdivision Name
- CLAB
Contract Information
- Original List Price
- 4712000
- Listing Contract Date
- 2017-05-09
Remarks and Miscellaneous
- Public Remarks
- 315 unit self storage facility built in 2015, including a room for a kiosk where customers can rent a unit onsite. The facility is fenced, has a security gate, and cameras with 24/7 monitoring. All metal construction surrounded by asphalt for clean & easy access. Between website access and kiosk onsite, there is no requirement for an onsite manager. Other services have already been set up for call center and digital marketing that has proven to increase rentals. Fully operational and currently 93% rented.
Status Change Information
- Close Date
- 2017-06-01
- Under Contract Date
- 2017-05-25
- Status Change Timestamp
- 2017-06-02
- Close Price
- 4712000
- Sold Price per SqFt
- 117.8
More Information
Currently Not Used
- List Price per SqFt
- 117.8
Income and Expenses (Annual Amounts)
- Cap Rate %
- 6
- Estimated Gross Operating Income $
- 408000
- Net Operating Income
- 283000
- Vacancy %
- 7
Miscellaneous Information
- # Overhead/Dock Doors
- 315
- Backup Package Available
- Yes
- Confidentiality/Non-Disclosure Agreement
- Yes
Parking Details
- Parking
- Yes
Listing Office:
Cascade Hasson Sotheby's International Realty
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.