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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 Office Building
Bank Owned Property - Bank Owned Office Building
Tampa, Florida 33614Large and spacious 2 story office building with a rentable area of 12,100 square feet. Has both private offices and open office common areas that...
  • Office Building
Bank Owned Property - NORTH POINTE SHOPPING CENTER
Bank Owned Property - NORTH POINTE SHOPPING CENTER
Bennettsville, South Carolina 29512BANK OWNED FORECLOSURE PROPERTY!!! The center is demised for two-tenants, including an 11,400 sq ft suite that is leased to CVS Pharmacy with 7+...
  • Neighborhood Center
Bank Owned Property - Downtown Investment Property - Bank Owned!
Bank Owned Property - Downtown Investment Property - Bank Owned!
Daytona Beach, Florida 32114Bank Owned Downtown Investment Property. 4,770 SF two-story building on 2,450 SF lot. Potential 9% cap rate with second floor leased. First floor...
  • Restaurant
Bank Owned Property - Retail Condos - Berkeley Lake Village
Bank Owned Property - Retail Condos - Berkeley Lake Village
Duluth, Georgia 30096Berkeley Lake Village Retail Condominiums consists of three buildings, 3970, 3980 and 3990 Peachtree Industrial Boulevard. The condominiums total...
  • Retail Condo
Bank Owned Property - Bank Owned! Office & Residential Building
Bank Owned Property - Bank Owned! Office & Residential Building
Daytona Beach, Florida 32114Bank Owned! Income Producing Property - Two Offices and Three Residential Units. 2,874 SF Building on 0.32+/- Acres plus 0.28+/- Acres Vacant...
  • Garden/Low-Rise
Bank Owned Property - Cullen Blvd Land-37,500 SF, Bank Foreclosure
Bank Owned Property - Cullen Blvd Land-37,500 SF, Bank Foreclosure
Houston, Texas 77021Bank-owned foreclosed unimproved corner property. Prime frontage of 250 feet along Cullen Boulevard and 190 feet on Balkin Street. There are two...
  • Retail (land)
Bank Owned Property - 44 +/- Acres
Bank Owned Property - 44 +/- Acres
Crestview, Florida 32539Bank Owned 44+/- Acres can be accessed from both Okaloosa lane and Aplin Road. Located just down the street from new school. Less than 1 mile...
  • Residential (land)
Bank Owned Property - Redstone Ave
Bank Owned Property - Redstone Ave
Crestview, Florida 32536BANK OWNED 3.09 Acre Parcel located directly behind the Publix Center and close to I-10. Property is high and dry per county GIS system. ...
  • Residential (land)
Bank Owned Property - 7780 S. George Blvd.
Bank Owned Property - 7780 S. George Blvd.
Sebring, Florida 33875This 40,000 S.F. industrial zoned parcel is bank owned with two unfinished metal buildings (total of 7320SF) having expired building permits...
  • Warehouse
Bank Owned Property - BANK OWNED Mixed Use Land
Bank Owned Property - BANK OWNED Mixed Use Land
Roanoke, Virginia 24014This property is bank owned. 0 Roberts Rd is zoned MXPUD which allows for a wide variety of development opportunities. The property is located off...
  • Multifamily (land)
Bank Owned Property -
Bank Owned Property - 7030-38 S. Cregier
Chicago, Illinois 60649Great Investment Opportunity - this 31 Unit Building is located in Chicago's South Shore Highlands Neighborhood. The property is comprised of 25...
  • Garden/Low-Rise
Bank Owned Property - Multi Tenant Kissimmee Industrial Property
Bank Owned Property - Multi Tenant Kissimmee Industrial Property
Kissimmee, Florida 34741Multi tenant industrial warehouse property now bank owned ready for sale to investor. Currently 100% occupied by numerous local tenants including...
  • Warehouse
Bank Owned Property - 1171 and 1173 Springs Centre
Bank Owned Property - 1171 and 1173 Springs Centre
Altamonte Springs, Florida 32714Two small office buildings 100% occupied with four local tenants in an attractive setting in Altamonte Springs, FL. Now bank owned and ready for...
  • Office Building
Bank Owned Property - 565 Columbia Drive
Bank Owned Property - 565 Columbia Drive
Carrollton, Georgia 301172,000 SF Office space, 3 phase, 480 volt, 800 amp, 1 drive in, 3 loading docks, 20' - 27' ceilings. Income OR User Sale. Bank Owned. Property is...
  • Manufacturing
Bank Owned Property - BANK OWNED - TWO PARCELS
Bank Owned Property - BANK OWNED - TWO PARCELS
Blacksburg, South Carolina 29702Two bank-owned parcels Public water & electricity available Parcel B has flat topography and I-85 visibility
  • Commercial/Other (land)
Bank Owned Property - ONLINE AUCTION:Bank Owned - 2 Duplex Lots, Florida
Bank Owned Property - ONLINE AUCTION:Bank Owned - 2 Duplex Lots, Florida
Florida City, Florida 33034Bank Owned - 2 Duplex Lots, Florida City, FL Sold regardless of price! Each lot allows one duplex - ready to use Municipal utilities and...
  • Multifamily (land)
Bank Owned Property - ONLINE AUCTION:Bank Owned-2.7+/- AC on 4-Lane SR50
Bank Owned Property - ONLINE AUCTION:Bank Owned-2.7+/- AC on 4-Lane SR50
Brooksville, Florida 34601Bank Owned - 2.7± AC on 4-Lane SR 50, Brooksville, FL Online Auction Ends: Feb. 23 at 11:30 am ET - Located on main east/west thoroughfare (SR...
  • Commercial/Other (land)
Bank Owned Property - ONLINE AUCTION: Bank Owned - 3.85+/- ac Industrial
Bank Owned Property - ONLINE AUCTION: Bank Owned - 3.85+/- ac Industrial
Port Richey, Florida 34668Bank Owned - 3.85± ac Industrial, Port Richey, FL Online Auction Ends: Feb. 23 at 11 am ET - Utilities to site, mostly cleared, easy to develop -...
  • Industrial (land)
Bank Owned Property - Forclosed Childcare On Busy Highway
Bank Owned Property - Forclosed Childcare On Busy Highway
Forest Park, Georgia 30297Now bank owned, this child care center was originally built in 1977 for use as a Kindercare child care facility. The property is located in...
  • Day Care Facility/Nursery
Bank Owned Property - Bank Owned Industrial Condo Building
Bank Owned Property - Bank Owned Industrial Condo Building
Frankfort, Illinois 6042312,045 SF Industrial condo building consisting of 5 units, Each unit is approximately 2,409 SF with a 15x15 office space and finished bathroom. 10...
  • Warehouse
Bank Owned Property -
Bank Owned Property - 308 Elizabeth St
Calumet City, Illinois 60409Kiser Group is pleased to present this unique opportunity to purchase a 7 unit building in Calumet City, IL. This beautiful building is located on...
  • Garden/Low-Rise
Bank Owned Property - Bank Owned | Street Retail Space | +/- 3,000 SF
Bank Owned Property - Bank Owned | Street Retail Space | +/- 3,000 SF
Cedartown, Georgia 30125This historic downtown building has a retail store front, with a salon space in the back. Rear access and parking make this a practical space for...
  • Street Retail
Bank Owned Property - RETAIL PAD
Bank Owned Property - RETAIL PAD
Woodbridge, Virginia 22191Retail Pad site off Rt 1 Jefferson Davis Hwy at River Oaks Shopping Center. Zoned B-1 consisting of approx. 1 AC, allows for 7200 SF. New...
  • Retail-Pad (land)
Bank Owned Property - 22+/- Acres For Sale off I-90
Bank Owned Property - 22+/- Acres For Sale off I-90
Hoffman Estates, Illinois 60192+/- 22 acres (+/- 17 net acres with detention on site) with 1,300 SF of Frontage. The site has excellent highway access and exposure and an...
  • Commercial/Other (land)
Bank Owned Property - Medical /Office Building
Bank Owned Property - Medical /Office Building
Geneva, Illinois 60134This single story 6145 sq. ft. total-- 5145 sq.ft. first floor and 1000 sq.ft. lower level, brick medical office building was built in 2005. The...
  • Medical Office

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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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