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 - Lender REO Auction - 56k SF on 9.15 Acres
Bank Owned Property - Lender REO Auction - 56k SF on 9.15 Acres
Warminster, Pennsylvania 18974SEALED BID AUCTION - MAY 20, 2014 - BANK OWNED REO Originally built as a grocery store and most recently used as a mini-mall, the building sits...
  • Strip Center
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 - Woodstock 2-acre estate home site
Bank Owned Property - Woodstock 2-acre estate home site
Woodstock, Illinois 60098Bank Owned 2-acre estate home site. Nestled in unincorporated Woodstock in the quite countryside, awaits your build dream home. Situated near a...
  • Residential (land)
Bank Owned Property - Pullum Industrial Park
Bank Owned Property - Pullum Industrial Park
Milton, Florida 3258320 - 1.01 Acre Improved Industrial Lots. Bank Owned.
  • Industrial (land)
Bank Owned Property - 3 Vacant Site Condo Lots
Bank Owned Property - 3 Vacant Site Condo Lots
Harbor Springs, Michigan 49740For Sale Bank Owned - Three (3) Vacant Residential Site Condominium Lots that range in size from 0.58 - 0.65 +/- Acres. Adjoins to Nubs Nob Ski...
  • Residential (land)
Bank Owned Property - Bank Owned Airport West Warehouse
Bank Owned Property - Bank Owned Airport West Warehouse
Miami, Florida 33166Sperry Van Ness is pleased to present this highly efficient, freestanding warehouse. The building is situated on 3/4 acre of industrial(IU-2)...
  • Warehouse
Bank Owned Property - DayCare Center
Bank Owned Property - DayCare Center
Bradenton, Florida 34203Day Care Center with ample parking and .75 acre lot size, plenty of room for expansion and additional playground area. Property located within...
  • Special Purpose (Other)
Bank Owned Property - Del Amo Center
Bank Owned Property - Del Amo Center
Torrance, California 90505Marcus & Millichap is pleased to present the Del Amo Center located in Torrance, California. This investment is a REO/bank owned asset and as a...
  • Office Building
Bank Owned Property - 53,540 sqft Industrial complex
Bank Owned Property - 53,540 sqft Industrial complex
Woodstock, Illinois 60098Bank owned modern industrial complex has prime location on 28+ acres. Two separate buildings with potential to be divided. Building #1 contains...
  • Manufacturing
Bank Owned Property - 132 ac Mixed Use Development-Republic MO
Bank Owned Property - 132 ac Mixed Use Development-Republic MO
Republic, Missouri 65738This approximately 132 acres (and a house) is currently used as farm land, but is zoned as a Planned Development District (PDD) called Sandstone...
  • Residential (land)
Bank Owned Property - 21,000 SF Building
Bank Owned Property - 21,000 SF Building
Kingston, Georgia 30145Bank Owned School on approximately 7.82+/- acres. The school has approximately 21,918 square feet and there is single family home on the property...
  • Religious Facility
Bank Owned Property - Bank Owned Mixed-Use | SFR + Retail
Bank Owned Property - Bank Owned Mixed-Use | SFR + Retail
Torrance, California 90501Brookfield Partners is pleased to present a Bank Owned mixed-used SFR+Retail property located in Torrance CA. The subject property consists of...
  • Street Retail
Bank Owned Property - 37.65 Acres - Vaughn Road
Bank Owned Property - 37.65 Acres - Vaughn Road
Pike Road, Alabama 36064Bank Owned Property. Frontage (15.4 Ac.) zoned B-2. Rear (22.2 Ac.) zoned B-1-a.
  • Commercial/Other (land)
Bank Owned Property - Coca Cola Road Property
Bank Owned Property - Coca Cola Road Property
Mobile, Alabama 36619This property is well suited for many use types. Warehousing, multifamily, hotel, campground etc. This is over 12 acres of wooded property. Has...
  • Commercial/Other (land)
Bank Owned Property - Hard Corner MLK Land Adjacent to I-4 Ramp
Bank Owned Property - Hard Corner MLK Land Adjacent to I-4 Ramp
Tampa, Florida 33619Bank Owned 0.62 AC Hard Corner Land Parcel on MLK adjacent to I-4 Ramp! Priced to sell - 0.62 AC PD-zoning land parcel on Martin Luther King...
  • Leased Land
Bank Owned Property - Bank-Owned Offering: Plaza Mexico
Bank Owned Property - Bank-Owned Offering: Plaza Mexico
Commerce City, Colorado 80022The Maling Team of Colliers International is proud to present Plaza Mexico, a bank-owned/REO neighborhood shopping center located at 5908-6040...
  • Neighborhood Center
Bank Owned Property - Hertford 7AC Church St waterfront
Bank Owned Property - Hertford 7AC Church St waterfront
Hertford, North Carolina 27944Bank owned 7 acre waterfront parcel located less than 1/2 mile from Highway 17, zoned O&I on Church Street with +/- 318' frontage on Church Street...
  • Office (land)
Bank Owned Property - BANK OWNED COMMERCIAL BUILDING
Bank Owned Property - BANK OWNED COMMERCIAL BUILDING
Harrison, Michigan 48625Online Only
  • Office Building
Bank Owned Property - BANK OWNED SELF-SERVE CAR WASH
Bank Owned Property - BANK OWNED SELF-SERVE CAR WASH
Muskegon, Michigan 49445ONLINE REAL ESTATE AUCTION May 13, 2014 from 8 am - 2 pm. Opening Bid only $2500. This property features an 8 bay wash that sits on .65...
  • Vehicle Related
Bank Owned Property - BANK OWNED CAR WASH
Bank Owned Property - BANK OWNED CAR WASH
Muskegon, Michigan 49442ONLINE REAL ESTATE AUCTION May 13, 2014 from 8 am - 2 pm. Opening Bid only $2500. This property features a 2,744 sq. ft. car wash that sits on...
  • Vehicle Related
Bank Owned Property - 3000 South Kedvale Ave
Bank Owned Property - 3000 South Kedvale Ave
Chicago, Illinois 60623For Sale Bank Owned - 2,382 +/- Square Foot Mixed Use Building with a Beauty Salon and two (2) Residential Apartments and a detached two (2) Car...
  • Garden/Low-Rise
Bank Owned Property - Amboy Former Hardware/Variety Store....
Bank Owned Property - Amboy Former Hardware/Variety Store....
Amboy, Illinois 61310Recently a hardware store but grocery, Pharmacy, dollar store, restaurant, professional offices are the many options available for this 7,450 sf...
  • Free Standing Bldg
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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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