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 - AUCTION- REO Industrial Condo
Bank Owned Property - AUCTION- REO Industrial Condo
Oswego, Illinois 60543Previously priced at $35/square foot or $1,029,000, this bank owned property will be sold subject to a Minimum Bid of $12.75/square foot or just...
  • Flex Space
Bank Owned Property - former Scrubs Express Car Wash West
Bank Owned Property - former Scrubs Express Car Wash West
Denver, Colorado 80123DO NOT BOTHER THE EMPLOYEES- THEY KNOW NOTHING OF THE SALE. For Sale: Full Service, Flex Service Exterior Express Car Wash with land and...
  • Vehicle Related
Bank Owned Property - I-95 Mixed Use - The Preserve at Fellsmere
Bank Owned Property - I-95 Mixed Use - The Preserve at Fellsmere
Sebastian, Florida 32958388 Acres Mixed Use Development on the NE Corner of CR 512 and I-95. PDP Preliminary Development Plan (PDP) Approval from City of Fellsmere for...
  • Commercial/Other (land)
Bank Owned Property - Interlake Blvd
Bank Owned Property - Interlake Blvd
Lake Placid, Florida 33852This listing includes both 110 W. Interlake Blvd and 112 W. Interlake Blvd. 110 W. Interlake Blvd includes a 41,890 Sq Ft warehouse on a 2.86...
  • Warehouse
Bank Owned Property - Days Inn Keeter Street Branson
Bank Owned Property - Days Inn Keeter Street Branson
Branson, Missouri 65616World's largest Days Inn. Was bank owned reportedly prior owner owed $8.5 million on the mortgage and lost 5 hotels in 3 cities. Full Price...
  • Economy/Limited Service
Bank Owned Property - +/-2 Acres - Downtown Tuscaloosa
Bank Owned Property - +/-2 Acres - Downtown Tuscaloosa
Tuscaloosa, Alabama 35401Bank owned approximately 2 acres in the heart of downtown Tuscaloosa. Across Jack Warner Parkway from the newly finished RiverFront village mixed...
  • Office-Warehouse
Bank Owned Property - 1522 Route 206
Bank Owned Property - 1522 Route 206
Tabernacle, New Jersey 08088Bank Owned- Sold as-is. Restaurant plus single family home that has been converted into 4 apartments, approved and inspected by the state for...
  • Restaurant
Bank Owned Property - Bank Owned Commercial Land
Bank Owned Property - Bank Owned Commercial Land
Suwanee, Georgia 30024Tremendous location with 837 feet of frontage on Satellite Blvd. Zoned OI with all utilities at the site. Over 40,000 DTC offers high traffic and...
  • Commercial/Other (land)
Bank Owned Property - 19th St. Medical Center
Bank Owned Property - 19th St. Medical Center
Panama City, Florida 32405BANK OWNED MEDICAL CENTER in excellent condition just minutes from Gulf Coast Medical and Bay Medical Sacred Heart. Modern technology and design...
  • Medical Office
Bank Owned Property - 22,114+/- SF Former School on 4.36 Acres
Bank Owned Property - 22,114+/- SF Former School on 4.36 Acres
Summerville, Georgia 30747Former school building that is bank owned. Building is partially leased. Building contains approximately 22,114 SF and is located on...
  • Special Purpose (Other)
Bank Owned Property -
Bank Owned Property - 2518 Hillcrest Ln
Grand Prairie, Texas 75052Bank Owned Second Generation Day Care Facility. Great location off Hillcrest Ln, just south of Pioneer Pkwy. Heavy traffic counts off Pioneer...
  • Day Care Facility/Nursery
Bank Owned Property - 1009 S Alameda Street
Bank Owned Property - 1009 S Alameda Street
Compton, California 90220Bank owned. Assessed at 255K. Completely gated 8299 sq. ft. lot, newly rezoned for medium density residential. Better southeast Compton area, a...
  • Residential (land)
Bank Owned Property - 43,610 SQ. FT. ON CEITUS
Bank Owned Property - 43,610 SQ. FT. ON CEITUS
Cape Coral, Florida 33991A CORNER VERY NEAR THE GEOGRAPHICAL CENTER OF CAPE CORAL, FL. IDEAL PROPERTY FOR AN OFFICE BUILDING OR FLEX SPACE. BANK OWNED AND MOTIVATED TO...
  • Commercial/Other (land)
Bank Owned Property - Winter Woods Professional Center
Bank Owned Property - Winter Woods Professional Center
Ocala, Florida 34471Medical Office Condo For Sale - Bank Owned - Winter Woods Professional Center. Totaling 3,250 SF, this medical office condominium was constructed...
  • Medical Office
Bank Owned Property - 835 Feinberg Court 120/121
Bank Owned Property - 835 Feinberg Court 120/121
Cary, Illinois 60013Bank Owned commercial office condo for sale or lease. Former music school space, immediately available with 7 private classrooms and 26' x 15' ...
  • Office Condo
Bank Owned Property - Bank Owned Retail Lot in Angola Indiana
Bank Owned Property - Bank Owned Retail Lot in Angola Indiana
Angola, Indiana 467030.618 Acres Zoned - C1
  • Retail (land)
Bank Owned Property - 2226 Bancroft St./609 & 709 Concordia Ave.
Bank Owned Property - 2226 Bancroft St./609 & 709 Concordia Ave.
Charlotte, North Carolina 28206Offering includes a church (santuary, large community room, kitchen, and offices) (+/- 10,000 SF), a SF residence (+/- 700 SF) and a parking lot...
  • Religious Facility
Bank Owned Property - Desert Harbor
Bank Owned Property - Desert Harbor
Peoria, Arizona 85381Bank Owned Improved Medical Office Land Available For Sale
  • Office (land)
Bank Owned Property - Former American Professional Institute
Bank Owned Property - Former American Professional Institute
Macon, Georgia 312019,589 sf bank owned former office-training center. Can be divided. Corner lot.
  • Office Building
Bank Owned Property - Bank Owned Acreage
Bank Owned Property - Bank Owned Acreage
Athens, Georgia 30606BANK OWNED, Special financing available, 67.322+/- Total acres, 1,100 Feet of frontage along Tallassee Road, Just over one mile west of the Athens...
  • Multifamily (land)
Bank Owned Property - 4002 Burke Rd. Medical Bldg
Bank Owned Property - 4002 Burke Rd. Medical Bldg
Pasadena, Texas 77504Bank owned 23,114 SF, single story, multiple-tenant, office building in the heart of Pasadena for sale. currently 46.04% occupied by 6 tenants...
  • Medical Office
Bank Owned Property - 2 Bank Owned Commercial Condo Units
Bank Owned Property - 2 Bank Owned Commercial Condo Units
Belding, Michigan 48809ONLINE REAL ESTATE AUCTION December 9, 2014 from 8 am - 2 pm. Opening Bid only $1000. This property features commercial condo units in Covered...
  • Office Condo
Bank Owned Property - Bank Owned For sale 100% leased
Bank Owned Property - Bank Owned For sale 100% leased
Oxford, Georgia 300543 tenants paying $3500 per month total. Plus $200 per month collected from 2 sided billboard. This property is owned by the FDIC.
  • Retail (Other)
Bank Owned Property - Knights Inn Plant City
Bank Owned Property - Knights Inn Plant City
Plant City, Florida 33563BANK OWNED, ONLY $13,505 PER KEY, THREE ROOMS MANAGER'S APARTMENT WITH FULL KITCHEN,FULLY OPRATING THRU MANAGEMENT COMPANY MOTIVATED SELLER, 2003...
  • Economy/Limited Service
Bank Owned Property - Commercial Zoning
Bank Owned Property - Commercial Zoning
West Chicago, Illinois 60185BANK OWNED. 5046 SQ FT SFR 4 BEDS/3.5 BATH WITH 1 BED/1BATH/FULL KITCHEN COACH HOUSE ABOVE THE GARAGE, BASKETBALL COURT, IN-GROUND SWIMMING POOL,...
  • Office Building
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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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