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 - Historic Palm Harbor Office with Glam Apartment
Bank Owned Property - Historic Palm Harbor Office with Glam Apartment
Palm Harbor, Florida 34683Two separate office buildings with a 2nd floor 1 bedroom / 1 bath Apartment with 2799 sq. ft. of heated space between all 3 units. Bank owned...
  • Office Building
Bank Owned Property - Lake Cumberland Bank Owned Land
Bank Owned Property - Lake Cumberland Bank Owned Land
Monticello, Kentucky 42633Lake Cumberland Land. Multiple Land Parcels and Lots of Bank Owned Land Adjacent to Lake Cumberland. Properties are located in Pulaski County...
  • Residential (land)
Bank Owned Property - Midtown Retail/Office Opportunity
Bank Owned Property - Midtown Retail/Office Opportunity
Memphis, Tennessee 38104BANK OWNED and Priced to Sell. This is a handsome two story retail/office/ apartment opportunity in the heart of Midtown Memphis. The building...
  • Free Standing Bldg
Bank Owned Property - 601 34th St S.
Bank Owned Property - 601 34th St S.
Saint Petersburg, Florida 33711LOCATION! Unbelievable location with road frontage as US Hwy 19. Traffic count at 36,500 daily averages (FDOT). The front building is...
  • Retail (Other)
Bank Owned Property - Belleview Residential Land!
Bank Owned Property - Belleview Residential Land!
Belleview, Florida 34420Build Your Own House! This lot is bank-owned and located in Belleview, Marion County, FL 34420. B-5 / R-3 property on the busy CR-25. THERE ARE...
  • Commercial/Other (land)
Bank Owned Property - 368 & 402 Petaluma Boulevard North
Bank Owned Property - 368 & 402 Petaluma Boulevard North
Petaluma, California 94952Downtown Petaluma - Riverfront Development Opportunity Aggressively priced for quick sale at $14.00± psf. 3.7± Acre Site (2 Parcels) Zoned T-5...
  • Multifamily (land)
Bank Owned Property - Paris Inn & Suites
Bank Owned Property - Paris Inn & Suites
Paris, Tennessee 38242Closed Motel / Bank Owned, 106 Rooms including 8 apartments, 2 story, exterior corridor, meeting room, lounge, outdoor pool. Bank will finance...
  • Economy/Limited Service
Bank Owned Property - 5xxx Larrabee Rd
Bank Owned Property - 5xxx Larrabee Rd
Bellingham, Washington 982264.55 residential acres recently annexed into the City of Bellingham' s Cordata Neighborhood. Residential Single Family Zoning allows 6 dwelling...
  • Residential (land)
Bank Owned Property - 6048 Portal Way
Bank Owned Property - 6048 Portal Way
Ferndale, Washington 98248120 plus unit high density multifamily development site in the City of Ferndale. This 4.53 acre parcel can be developed as a large density project...
  • Multifamily (land)
Bank Owned Property - 9800 S San Pedro Street
Bank Owned Property - 9800 S San Pedro Street
Los Angeles, California 90003Bank owned. Borrower owed 232K. Small contemporary church on 45 x 100 completely gated R4 corner lot. Excellent exposure on SE corner of San Pedro...
  • Religious Facility
Bank Owned Property - GREGORY PROFESSIONAL CENTER
Bank Owned Property - GREGORY PROFESSIONAL CENTER
Passaic, New Jersey 07055BANK OWNED. NEARLY 3,000 SQF OF PROFESSIONAL OFFICE, IDEAL FOR MANY USERS; MEDICAL, LAW, ACCOUNTING, ARCHITECT, ETC. THIS CONDO OFFICE HAS TWO...
  • Office Condo
Bank Owned Property - 25058 Schoenherr Road
Bank Owned Property - 25058 Schoenherr Road
Warren, Michigan 48089For Sale Bank Owned - 3,850 +/- Square Foot Single Story Commercial Building on 0.76 +/- Acres. Former Burger King Restaurant. Built in 1988...
  • Restaurant
Bank Owned Property -
Bank Owned Property - 458-460 South Eleventh Ave
Mount Vernon, New York 10550The property consists of a two story, Brick building, with a basement with a total above grade building size of approx. 15,778 SF on approx...
  • Warehouse
Bank Owned Property - 383 Shelton Ave
Bank Owned Property - 383 Shelton Ave
New Haven, Connecticut 06511The asset is a total of 5 units. There is one mixed use and 4 residential apartments. The asset is bank owned. 383 Shelton (Main House - Front...
  • Garden/Low-Rise
Bank Owned Property - Brunswick Medical Park
Bank Owned Property - Brunswick Medical Park
Supply, North Carolina 28462One of 6 bank owned medical office condos being offered for sale in Brunswick Medical Park, an office complex adjacent to the former Brunswick...
  • Medical Office
Bank Owned Property - Brunswick Medical Park
Bank Owned Property - Brunswick Medical Park
Supply, North Carolina 28462One of 6 bank owned medical office condos being offered for sale in Brunswick Medical Park, an office complex adjacent to the former Brunswick...
  • Medical Office
Bank Owned Property - Brunswick Medical Park
Bank Owned Property - Brunswick Medical Park
Supply, North Carolina 28462One of 6 bank owned medical office condos being offered for sale in Brunswick Medical Park, an office complex adjacent to the former Brunswick...
  • Medical Office
Bank Owned Property - Brunswick Medical Park
Bank Owned Property - Brunswick Medical Park
Supply, North Carolina 28462One of 6 bank owned medical office condos being offered for sale in Brunswick Medical Park, an office complex adjacent to the former Brunswick...
  • Medical Office
Bank Owned Property - Brunswick Medical Park
Bank Owned Property - Brunswick Medical Park
Supply, North Carolina 28462One of 6 bank owned medical office condos being offered for sale in Brunswick Medical Park, an office complex adjacent to the former Brunswick...
  • Medical Office
Bank Owned Property - Mixed-Use REO | 4213 Crenshaw Blvd
Bank Owned Property - Mixed-Use REO | 4213 Crenshaw Blvd
Los Angeles, California 90008KW Commercial is pleased to present a bank owned investment opportunity located at 4213 Crenshaw Blvd in Los Angeles. The mixed use property is...
  • Restaurant
Bank Owned Property - ABSOLUTE AUCTION-BANK SITE!!!
Bank Owned Property - ABSOLUTE AUCTION-BANK SITE!!!
Tolleson, Arizona 85353BANK OWNED AUCTION! SELLING REGARDLESS OF PRICE TO HIGHEST BIDDER! FRIDAY MAY 9TH, 2014 @ 10:00AM ONSITE AND ONLINE 1.5 ACRE BANK SITE @ 9875 W...
  • Commercial/Other (land)
Bank Owned Property - Former Springfield Lion's Club building
Bank Owned Property - Former Springfield Lion's Club building
Jacksonville, Florida 32206This fantastic building is located at the southeast corner of Main Street North and E 21st Street approximately 2 miles north downtown...
  • Special Purpose (Other)
Bank Owned Property - 76+ Bank Owned Acres #2298-CL
Bank Owned Property - 76+ Bank Owned Acres #2298-CL
Scotrun, Pennsylvania 18355Bank owned land in prime recreational area! Two parcels totaling more than 76 acres. Lot one is approximately 13 acres with existing single family...
  • Commercial/Other (land)
Bank Owned Property - Lake City, GA 0.56 Ac Commercial Developement Site
Bank Owned Property - Lake City, GA 0.56 Ac Commercial Developement Site
Lake City, Georgia 30260BANK OWNED 0.56 ACRE COMMERCIAL LOT ZONED GATEWAY DISTRICT IN THE CITY LIMITS OF LAKE CITY. APPROX. 102' FRONTAGE ON JONESBORO ROAD STATE HWY 54...
  • Retail (land)
Bank Owned Property - Taylorsville, GA - Country Lot
Bank Owned Property - Taylorsville, GA - Country Lot
Taylorsville, Georgia 30178BANK OWNED- 4.858 ACRE LAND TRACT 2, CORNER OF OLD ALABAMA ROAD SW & EUHARLEE ST., DIRECTLY ACROSS STREET FROM FIRE STATION. 248' FRONTAGE ON...
  • Residential (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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