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 Property - 11100 West 143rd Street
Orland Park, Illinois 60467BANK OWNED ABSOLUTE AUCTION. Disregard the $100 opening bid, the bidding will start at $1. This property will sell to the highest bidder, with no...
  • Residential (land)
Bank Owned Property - 698 West MacClenny Retail - Strip Center
Bank Owned Property - 698 West MacClenny Retail - Strip Center
Macclenny, Florida 32063Bank Owned new to market. This retail center is a 16,203 sq ft building located on 62,726 sq ft (1.44 AC) of area. Built in 1987 and zoned as CG...
  • Strip Center
Bank Owned Property - STUDIO 6
Bank Owned Property - STUDIO 6
Shreveport, Louisiana 71109This is a bank owned property and sits on 1.475 acres. It is currently operating and the monthly income is on a steady increase. The site is zoned...
  • Economy/Limited Service
Bank Owned Property - 17950 Woodward Ave
Bank Owned Property - 17950 Woodward Ave
Detroit, Michigan 48203REO bank-owned 8,861 SF medical office building Vacant building is move-in ready Ideal for medical use Configuration allows for multi-tenant or...
  • Medical Office
Bank Owned Property - 10950 S Main Street
Bank Owned Property - 10950 S Main Street
Los Angeles, California 90061Bank owned. Beautiful 3000 sq. ft. building on 45 x 156 C2 corner lot w/ alley in rear. Legal store &residence, but currently set up as turnkey...
  • Religious Facility
Bank Owned Property -
Bank Owned Property - 19 Hamlet Avenue
Woonsocket, Rhode Island 02895Great Investment Opportunity....Partially Rented...Bank Owned....."AS IS".."WHERE IS"
  • Garden/Low-Rise
Bank Owned Property - 201.13 Acres Land
Bank Owned Property - 201.13 Acres Land
Bloomingdale, Georgia 31302201.13 Acres off New Pine Barren Road in Bloomingdale, GA. Excellent hunting, farming or Timber land. Potential for large acreage lots. Bank Owned...
  • Residential (land)
Bank Owned Property - MultiFamily Sussex NJ
Bank Owned Property - MultiFamily Sussex NJ
Sussex, New Jersey 07461Bank Owned, Asking Price is Nearly 1/3 of Previous. Operating Expenses are very low. Previous Owner poured money into the property with all...
  • Duplex/Triplex/Fourplex
Bank Owned Property - BANK OWNED LAND AVAILABLE - 16.25 ACRES
Bank Owned Property - BANK OWNED LAND AVAILABLE - 16.25 ACRES
Panama City Beach, Florida 3241716.25 total acres; 11.74 acre interior tract; 3 outparcels available; Outparcels offer excellent road frontage and visibility; Multiple...
  • Commercial/Other (land)
Bank Owned Property - $145,000 / 5.52 Acres
Bank Owned Property - $145,000 / 5.52 Acres
Lake Villa, Illinois 60046Bank Owned Vacant Land! ASKING PRICE IS $145,000. 5.52 Acres situated at the hard NEC of Fairfield Road & Monaville Road in Lake Villa. Property...
  • Residential (land)
Bank Owned Property - Shakespeare Road
Bank Owned Property - Shakespeare Road
Columbia, South Carolina 292238,000 square foot bank owned property close to I-77 and I-20. Potential for single user or multi-tenant uses. Most recent use was a day care...
  • Flex Space
Bank Owned Property - 33.21 acres in Elgin
Bank Owned Property - 33.21 acres in Elgin
Elgin, South Carolina 29045The subject property consists of 33.21 acres with 4 metal buildings and a pond. A portion of the property is fenced. Building 1 is 800 sq ft and...
  • Commercial/Other (land)
Bank Owned Property - Downtown Office Building
Bank Owned Property - Downtown Office Building
Columbia, South Carolina 29201This property consists of a single level office building on a main thoroughfare in downtown Columbia, SC. The building is adjacent to the Township...
  • Office Building
Bank Owned Property - Broad River Road Office Building
Bank Owned Property - Broad River Road Office Building
Columbia, South Carolina 29210Bank owned 5,688 square foot office building on 0.47 acres. Site has former car wash in place. Located in convenient location near the...
  • Office Building
Bank Owned Property - $125,000/ 6.84 Acres
Bank Owned Property - $125,000/ 6.84 Acres
Woodstock, Illinois 60098Bank Owned Vacant Land. Consisting of 6.84 gross acres at $125,000. Situated along Route 120 (McHenry Avenue) in a mixed use neighborhood of...
  • Commercial/Other (land)
Bank Owned Property - Mission Garden Estates
Bank Owned Property - Mission Garden Estates
San Miguel, California 93451Mission Garden Estates is a 60 Lot Subdivision in San Miguel. Approved vesting tentative map. Water and sewer fees paid (over a $1,000,000 value)...
  • Residential (land)
Bank Owned Property - OLD DIXIE HIGHWAY
Bank Owned Property - OLD DIXIE HIGHWAY
Sebastian, Florida 32958Bank-owned, 7.6 acres parcel zoned for Industrial use. This triangular shaped parcel backs up to the rail line and is located at the railroad...
  • Industrial (land)
Bank Owned Property - 3.45 Acres Prime Commercial Land
Bank Owned Property - 3.45 Acres Prime Commercial Land
Port Saint Lucie, Florida 34953Christenson Commercial Real Estate is pleased to present this exclusive bank owned listing of +/- 3.45 Acres for Sale or Build to Suit -...
  • Retail (land)
Bank Owned Property - (Bank Owned) Restaurant Building in Logan
Bank Owned Property - (Bank Owned) Restaurant Building in Logan
Logan, Utah 84341Bank Owned Approximately 1 Acre Ventilation Hoods are Included
  • Restaurant
Bank Owned Property - Grocery Space- Former 99 Ranch Market
Bank Owned Property - Grocery Space- Former 99 Ranch Market
Doraville, Georgia 30340Bank owned ! Only $85 per square feet. Cleaned up inside, Best for a grocery, nail supply or big retailer. Heart of Buford Hwy in Asian Square...
  • Neighborhood Center
Bank Owned Property - Matlock Shopping Center
Bank Owned Property - Matlock Shopping Center
Arlington, Texas 76002- Ample parking - Monument signage available
  • Strip Center
Bank Owned Property - Burke Dr. and Hood Rd. Duplexes
Bank Owned Property - Burke Dr. and Hood Rd. Duplexes
Atlanta, Georgia 30341Great Investment Opportunity! Bank Owned. As-Is Sale. This Portfolio includes 8 Duplexes (16 units) on approx. 2.5 acres. Zoned Village...
  • Garden/Low-Rise
Bank Owned Property - BANK OWNED PORT ST LUCIE COMMERCIAL LAND
Bank Owned Property - BANK OWNED PORT ST LUCIE COMMERCIAL LAND
Port Saint Lucie, Florida 34983BANK OWNED! PRICED bBELOW TAX ASSESSED VALUE($599,400) FRONTAGE ON HEAVILY TRAVELED ST. JAMES DRIVE AND HAMMOCK CREEK DRIVE. 2.66 ACRES MOSTLY...
  • Commercial/Other (land)
Bank Owned Property - 1511 Hewitt Drive
Bank Owned Property - 1511 Hewitt Drive
Waco, Texas 76712REO - Bank Owned Property Drive-Thru Car Wash * Investment Opportunity Improved Area: 1,850 SF (MCAD) Land Size: .95 Acres (Approx.) 2010...
  • Vehicle Related
Bank Owned Property - Orange Park - Income Property
Bank Owned Property - Orange Park - Income Property
Orange Park, Florida 32065Two tenant occupied metal buildings on a busy street in Orange Park. Building 1 is a 3,750sf building built in 1989 with Chopper City USA as the...
  • Vehicle Related
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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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