Bank Owned Properties For Sale

Bank Owned Commercial Properties available for sale on the #1 commercial real estate marketplace online

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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 - Bank Owned - Commercial Lot
Bank Owned Property - Bank Owned - Commercial Lot
Saluda, South Carolina 29138ONLINE BIDDING OPENS: March 24 | 10am ONLINE BIDDING CLOSES: March 26 | 1pm 5.4+/- Acres Tax Parcel 172-00-00-064 Also auctioning thirteen...
  • Commercial/Other (land)
Bank Owned Property -
Bank Owned Property - Route 31 & River Birch Blvd
Crystal Lake, Illinois 60014Bank-Owned vacant commercial development site located in a commercial district of Crystal Lake. Utilities are already at the site, including...
  • Commercial/Other (land)
Bank Owned Property - Bank Owned - Commercial Land Parcel
Bank Owned Property - Bank Owned - Commercial Land Parcel
Raleigh, North Carolina 27610ONLINE BIDDING OPENS: March 17 | 10am ONLINE BIDDING CLOSES: March 19 | 10am 1.86+/- Acres Lot 7, Shoppes at Battle Bridge Shopping Center 66'+/-...
  • Retail (land)
Bank Owned Property - 2 Bay Car Wash - Land and Equipment
Bank Owned Property - 2 Bay Car Wash - Land and Equipment
Elkview, West Virginia 25045BANK OWNED FOR SALE Located on Rt. 119 - Elk River Road 2 Bay Car Wash - Land and Equipment Adjoining Herbert Hoover High School Listed For:...
  • Vehicle Related
Bank Owned Property - County Hwy 10
Bank Owned Property - County Hwy 10
Spring Lake Park, Minnesota 55432BANK OWNED - Sold AS-IS - Excellent Service garage offers three drive-in bays, 618 Sq Ft of office space, ample parking plus great exposure along...
  • Service/Gas Station
Bank Owned Property - Industrial Building For Sale - Aurora
Bank Owned Property - Industrial Building For Sale - Aurora
Aurora, Illinois 605058,448 square foot warehouse building for sale along Aurora Avenue Lane in Aurroa. The building is easily accessible and extremely well located,...
  • Warehouse
Bank Owned Property - 585+/- Acres, 3 Miles of River Frontage
Bank Owned Property - 585+/- Acres, 3 Miles of River Frontage
Mill Spring, North Carolina 287563 Miles of Riverfront Minutes to Lake Lure. LW Land presents the Land Liquidation of the Green River Project located in Polk County, North...
  • Residential (land)
Bank Owned Property - 1650 Topanga Skyline Drive
Bank Owned Property - 1650 Topanga Skyline Drive
Topanga, California 90290Bank owned. Reduced 100K! 95¢ a foot! 40,923 sq. ft. (.94 acre) steep downslope on quiet street in beautiful "Old Canyon" area. Located on east...
  • Residential (land)
Bank Owned Property - Bank Owned Commercial Property For Sale
Bank Owned Property - Bank Owned Commercial Property For Sale
Lafayette, Louisiana 705071,515 SF +/- Commercial Building Previous use was a hair salon Zoned residential, but commercial use is permitted as a non-conforming use
  • Day Care Facility/Nursery
Bank Owned Property - Bank Owned Commercial Building for Sale
Bank Owned Property - Bank Owned Commercial Building for Sale
Baton Rouge, Louisiana 708053,895 SF +/- Commercial Building and adjacent land.
  • Office Building
Bank Owned Property -
Bank Owned Property - 5222 W Glendale Avenue
Glendale, Arizona 85301±18,467 square foot office building on large 2.73 acre lot. Built in 1983. Bank owned.
  • Office Building
Bank Owned Property - Signal Hill - Industrial / Flex Building
Bank Owned Property - Signal Hill - Industrial / Flex Building
Signal Hill, California 90755Phenomenal opportunity for an investor and/or owner-user. Freestanding concrete tilt up (CTU) constructed light industrial / flex building on a...
  • Warehouse
Bank Owned Property -
Bank Owned Property - 1212 W. 111th St
Chicago, Illinois 60643Bank owned package sale retail store & coach house(tear down) & 2 vacant lots . One of the vacant lots has a Billboard. Sold in As-Is Where Is...
  • Street Retail
Bank Owned Property - Freestanding Building at Signalized Intersection
Bank Owned Property - Freestanding Building at Signalized Intersection
Hammond, Illinois 463491,885 square foot, freestanding commercial building for sale at the southeast corner of the signalized intersection at Calumet Avenue and 121st...
  • Super Regional Center
Bank Owned Property - BANK OWNED 10,680 SQ FT MEDICAL BUILDING
Bank Owned Property - BANK OWNED 10,680 SQ FT MEDICAL BUILDING
Port Huron, Michigan 48060ONLINE REAL ESTATE AUCTION March 24, 2015 from 8 am - 2 pm. Opening Bid only $100,000. This property features a building currently being rented...
  • Medical Office
Bank Owned Property - BANK OWNED UNIT IN MEDICAL OFFICE BUILDING
Bank Owned Property - BANK OWNED UNIT IN MEDICAL OFFICE BUILDING
Port Huron, Michigan 48060ONLINE REAL ESTATE AUCTION March 24, 2015 from 8 am - 2 pm. Opening Bid only $10,000. This property features Unit D in a 2,475 square foot...
  • Medical Office
Bank Owned Property - BANK OWNED OFFICE & WAREHOUSE BUILDINGS
Bank Owned Property - BANK OWNED OFFICE & WAREHOUSE BUILDINGS
Jacksonville, Florida 32208ONLINE REAL ESTATE AUCTION March 24, 2015 from 8 am - 2 pm. Opening Bid only $50,000. This property features an office and warehouse buildings...
  • Office-Warehouse
Bank Owned Property - 3 BANK OWNED INDUSTRIAL BUILDINGS
Bank Owned Property - 3 BANK OWNED INDUSTRIAL BUILDINGS
Romulus, Michigan 48174ONLINE REAL ESTATE AUCTION March 24, 2015 from 8 am - 2 pm. Opening Bid only $25,000. This property features 3 buildings totalling 15,700 square...
  • Flex Space
Bank Owned Property - The Estates
Bank Owned Property - The Estates "Bank REO"
Fresno, California 93710Property is a 46 unit, two story garden apartment complex on 1.37 acres of land. Units are predominantly two bedroom, one bath ranging from...
  • Garden/Low-Rise
Bank Owned Property - Mountain Shadows- REO
Bank Owned Property - Mountain Shadows- REO
Tucson, Arizona 85745Mountain Shadows Apartments is a 10 unit complex comprised of 7, one bedroom/ one bath units and 3, Two Bedroom units. The interiors have been...
  • Garden/Low-Rise
Bank Owned Property - BANK OWNED Mixed Use Building
Bank Owned Property - BANK OWNED Mixed Use Building
Millville, New Jersey 08332BANK OWNED mixed use building (retail store with apartment) with 46 x 99 paved parking lot in the hear of the Arts District. Buy this investment...
  • Free Standing Bldg
Bank Owned Property - Retail and Residential Space
Bank Owned Property - Retail and Residential Space
Sunbury, North Carolina 27979BANK OWNED FOR SALE Retail and Residential Space 11 NC Hwy 32, Sunbury, NC LISTING PRICE: $95,000.00 Broker Participation: 3% Retail...
  • Free Standing Bldg
Bank Owned Property - 3.30 +/- Acres
Bank Owned Property - 3.30 +/- Acres
Emporia, Virginia 23847BANK OWNED FOR SALE 3.30 +/- Acres Emporia, Virginia (Greensville Co.) Adjoining the Greensville County Industrial Park 250 +/- Fronting on...
  • Industrial (land)
Bank Owned Property - 1210 E 62nd St
Bank Owned Property - 1210 E 62nd St
Chicago, Illinois 60637This is more than just a church. It has offices and classrooms but it also has a large newer gymnasium. First, the sanctuary holds about 190...
  • Religious Facility
Bank Owned Property - 3+ Acres Near US 1
Bank Owned Property - 3+ Acres Near US 1 "Bank Owned"
Mims, Florida 32754A third of a mile off of US 1 - 3.04 ± acres has frontage on four streets: It has 560 ± ff on Main Street (SR46), 280 ± ff on Harry T Moore...
  • Commercial/Other (land)
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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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