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Bank Owned Properties Currently for Sale

Welcome to the LoopNet.com Bank Owned Property page. Browse our inventory of current Bank Owned Commercial Properties available for sale. Listed are current short sales, REO properties and commercial foreclosure listings.

LoopNet is the top site for commercial real estate online and operates the most heavily trafficked website for bank owned properties. LoopNet has more than $425 billion worth of commercial real estate posted for sale and around 6.3 billion sq ft of commercial real estate space for lease. LoopNet hosts a community of over 7 million members. Many of these real estate professionals specialize in bank owned properties, making LoopNet not only a hub for the best finds in real estate but specifically property that is now owned by a bank.

Below are the available Bank Owned Properties on LoopNet.com.

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Bank Owned Property - AUCTION: Bank Owned - Well Located Retail Center
Bank Owned Property - AUCTION: Bank Owned - Well Located Retail Center
Ocala, Florida 34481- 2.84± ac site - 330' ± frontage on SR 200/SW College Rd - High traffic count - 31,000 AADT - 10,825± rentable sf center consists of 7 units;...
  • Strip Center
Bank Owned Property - REO - Retail Building for Sale
Bank Owned Property - REO - Retail Building for Sale
Santa Rosa, California 95405Great opportunity to purchase a Bank Owned property in East Santa Rosa. Property offers a great owner/user opportunity. All reasonable offers...
  • Free Standing Bldg
Bank Owned Property - Elgin Multifamily / Commercial Land
Bank Owned Property - Elgin Multifamily / Commercial Land
Elgin, Texas 78621Multi-family / commercial land. Bank owned
  • Multifamily (land)
Bank Owned Property - Duplex residential lots in Seneca Manor Sub.
Bank Owned Property - Duplex residential lots in Seneca Manor Sub.
Utica, Illinois 61373Bank owned lots in popular Seneca Manor Subdivision. Each lot is 6,098 SF to be combined into 12,196 SF. Zoned R-2 as duplex lots with 2 separate...
  • Multifamily (land)
Bank Owned Property - Spring Hill State Bank
Bank Owned Property - Spring Hill State Bank
Athens, Texas 75751Approximately 6,100 square foot building located in the prime traffic - commercial area in Athens. Site contains approximately 2.06 acres per the...
  • Restaurant
Bank Owned Property - 1361 N Garfield Avenue
Bank Owned Property - 1361 N Garfield Avenue
Pasadena, California 91104Bank owned. Fixer SFR priced for land value: on flat corner R3 lot w/235' of street frontage, on quiet tree lined street. Legal 1 bed, 1 bath but...
  • Residential (land)
Bank Owned Property - Hoover Road Property
Bank Owned Property - Hoover Road Property
Hesston, Kansas 67062This bank owned property is 4.65 acres just off of Interstate 135 at mile marker 40, in the Hesston community of 3,800 people. Hesston is home to...
  • Retail-Pad (land)
Bank Owned Property - Warehouse REO, Value Added Opportunity | LA, 90043
Bank Owned Property - Warehouse REO, Value Added Opportunity | LA, 90043
Los Angeles, California 90043KW Commercial is pleased to present a mixed-use bank owned property located at 2815-2819 Southwest Dr in Los Angeles. The property is situated on...
  • Warehouse
Bank Owned Property - 225 W 89th Street
Bank Owned Property - 225 W 89th Street
Los Angeles, California 90003Bank owned. Last sold for 460K in 2006. 40 x 135 street to street R2 lot on quiet 1 block long street. Blockwall and wrought iron gated. 72...
  • Residential (land)
Bank Owned Property - Branson Area Development Land
Bank Owned Property - Branson Area Development Land
Hollister, Missouri 65672Join new Menards, Hwy 65 Visibility and Access. Excellent Location: Big Cedar Lodge, Branson Landing, Top of the Rock & Buffalo Ridge Golf...
  • Retail (land)
Bank Owned Property - Branson Area Development Ground
Bank Owned Property - Branson Area Development Ground
Hollister, Missouri 65672Join new Menards, Hwy 65 Frontage, Visibility and Access. Excellent Location: Big Cedar Lodge, Branson Landing, Top of the Rock & Buffalo Ridge...
  • Retail (land)
Bank Owned Property - Church - Day Care - School - Call Center
Bank Owned Property - Church - Day Care - School - Call Center
Las Vegas, Nevada 89108BEST & FINAL OFFERS* DUE JUNE 1, 2016 *Offers will be evaluated based on purchase price, deposit, contingencies, speed of escrow (both due...
  • Religious Facility
Bank Owned Property - Auction: BANK OWNED - Comm Dev Land, Ocala, FL
Bank Owned Property - Auction: BANK OWNED - Comm Dev Land, Ocala, FL
Ocala, Florida 34481BANK OWNED - Commercial Development Land, Ocala, FL - 7 Outparcels + Big Box Site - 4 Heavy Commercial Lots - 2.5± Acres Buy one or buy all See...
  • Commercial/Other (land)
Bank Owned Property - Barstow Bank Owned Commercial Building
Bank Owned Property - Barstow Bank Owned Commercial Building
Barstow, California 92311Includes a 768 Sq. Ft. upstairs apartment. Property is zoned Mixed Use. Well located commercial building previously used as a glass business just...
  • Retail (Other)
Bank Owned Property - 202 Ac with Paved Roads - Wilkes County
Bank Owned Property - 202 Ac with Paved Roads - Wilkes County
Boomer, North Carolina 28606Bank Owned -- Mtn property w/ long range panoramic views. Minutes outside Wilkesboro, near Kerr Scott Reservoir and Game lands. Property made up...
  • Residential (land)
Bank Owned Property - 253 Main Street - Danbury
Bank Owned Property - 253 Main Street - Danbury
Danbury, Connecticut 06810The former "City Ale House" is now offered "as is" for sale at $249,900. Property is bank owned and offered as is at a deep discount. The property...
  • Street Retail
Bank Owned Property - Bank Owned Commercial Land
Bank Owned Property - Bank Owned Commercial Land
Maplewood, Minnesota 55109Commercial Land Near Maplewood Mall! Currently approved for Multi Tenant Retail Building!
  • Commercial/Other (land)
Bank Owned Property - Bank Owned Development Property
Bank Owned Property - Bank Owned Development Property
Homewood, Illinois 60425Bank owned. Zoning: B3. Village also open to multiple uses including: Gas Station, Car Wash, Retail, Restaurant, Specialty. Please contact...
  • Retail (land)
Bank Owned Property - Chestatee Riverview
Bank Owned Property - Chestatee Riverview
Dahlonega, Georgia 30533Chestatee Riverview is a 483 acre property located across from the Jack Nicklaus Golf Course at Achasta Golf and Country Club. This property has...
  • Residential (land)
Bank Owned Property - 5051 Villa Linde Parkway
Bank Owned Property - 5051 Villa Linde Parkway
Flint, Michigan 48532For Sale Bank Owned, 3,349 +/- Square Foot Medical Office Condo Unit built in 1981. Property is zoned O-1 Office District and includes several...
  • Medical Office
Bank Owned Property - 1651
Bank Owned Property - 1651
Chicago, Illinois 60620BANK OWNED SOLD AS-IS, WHERE-IS. CASH OFFERS ONLY. NO ADDENDUM, DISCLOSURES, SURVEY. TAXES PRO-RATED 100%. BRING FLASHLIGHT TO SHOWING
  • Free Standing Bldg
Bank Owned Property - 6341
Bank Owned Property - 6341
Chicago, Illinois 60636BANK OWNED SOLD AS-IS, WHERE-IS. NO DISCLOSURES, ADDENDUMS, SELLER SURVEY. TAXES PRO-RATED AT 100%. CASH OFFERS ONLY
  • Neighborhood Center
Bank Owned Property - BANK ORDERS SALE
Bank Owned Property - BANK ORDERS SALE
Streamwood, Illinois 60107The last remaining site in Streamwood Crossings, a 23-acre development approved in 2004. Strong traffic counts, located directly west of Route 59...
  • Commercial/Other (land)
Bank Owned Property - 1725
Bank Owned Property - 1725
Melrose Park, Illinois 60160BANK OWNED SOLD AS IS WHERE IS. NO ADDENDUMS, SELLER SURVEY TAXES PRO-RATED AT 100%. EMAIL FOR SHOWING INSTRUCTIONS NO PHONE CALLS PLEASE ALL...
  • Distribution Warehouse
Bank Owned Property - 7203 S ASHLAND
Bank Owned Property - 7203 S ASHLAND
Chicago, Illinois 60636BANK OWNED SOLD AS-IS, WHERE-IS. NO ADDENDUMS, DISCLOSURES OR SELLER SURVEY. TAXES PRO-RATED AT 100%
  • Neighborhood Center

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About LoopNet.com

Bank Owned Properties on LoopNet.com

When a bank acquires a property the mortgage loan no longer exists. The bank will take care of any evictions that are necessary and sometimes pay for repairs or general upkeep. The bank will negotiate with the IRS to get rid of tax liens and other debts. Depending on the details, investing in bank owned properties could be a very wise investment because so many tasks have already been taken care of. LoopNet's advanced search tool helps you find the most valuable investments.

Bank owned properties change hands several times before moving into bank ownership. These properties usually have repossession, foreclosure and mortgage woes in their past. Because of all these issues it can be difficult to determine how much a property should actually cost. LoopNet users can specify their price range, preferred lot size and property type. They can even narrow down property results based on property history by indicating when the buildings were established or browsing its property records.

With so many properties available it's pivotal that the search feature is strong and efficient. Multifamily, Office, Industrial, Retail, Land, Agricultural, Hotel & Motel, Senior Housing, Health Care, Sport & Entertainment, Special Purpose and Residential Income properties are all available. These are a few search features that will be especially powerful with queries in bank owned properties:

  • Location
    The advanced search options feature a location tool. This allows you to zoom in on certain areas and browse the property prices in that location. LoopNet users will be able to compare the price of the bank owned properties with other properties near that address. Using this tool, buyers can be sure that their property is on par with or lower than local prices.
  • Only Property Auctions
    You can activate this search criterion to exclusively view property auctions. Many banks own large portfolios of property. If a bank is deciding to auction off a chunk of their assets then this tab will be the first to find those events. Savvy brokers and first-time buyers alike win deals everyday in property auctions. It can be a powerful investment to keep track of property auctions occurring in your area.
  • Price Range
    Bank owned properties can be especially difficult to price. There is no guarantee on where a pricing from a bank will fall in respect to a property's actual market value. The price range tool lets you easily specify the amount you are willing to invest and not be tempted to go beyond your means.

LoopNet's more than nearly 800,000 commercial properties create an expansive and powerful database for you to navigate. The advanced search features help to focus search and discover the perfect investments for you, whether it be bank owned properties or one of the many other property types that LoopNet offers.

Recent Bank Owned Property Sales Comps

LoopNet's RecentSales is a cost effective and timely source for obtaining sold, leased or off-market Bank Owned Property transaction comps.

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