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: 3005 Alabama Highway
Bank Owned Property - BANK OWNED: 3005 Alabama Highway
Rome, Georgia 30165BANK OWNED: Incredible investment opportunity! 19,298+/- SF total warehouse and 1,860 SF office (4 buildings total). Structures were built in the...
  • Warehouse
Bank Owned Property - Attic Space Self Storage
Bank Owned Property - Attic Space Self Storage
West Columbia, North Carolina 2917014.61 Proforma Cap Rate at 90% occupancy, 84% current occupancy. 104 Units. Fenced & gated, just off main highway. Bank owned. Very little...
  • Self/Mini-Storage Facility
Bank Owned Property - 10,000 Square Foot Elk Grove Industrial Building
Bank Owned Property - 10,000 Square Foot Elk Grove Industrial Building
Elk Grove Village, Illinois 600079,976 Square foot, freestanding industrial building for sale along Lively Blvd. in Elk Grove Village. The building is extremely well located in...
  • Distribution Warehouse
Bank Owned Property - Oakdale Bank Owned
Bank Owned Property - Oakdale Bank Owned
Oakdale, New York 11769Mixed-Use Commercial Property with Restaurant on Ground Floor and Multiple Offices on Second Floor. Possible Conversion to all Office or Retail...
  • Restaurant
Bank Owned Property - 721 E Alondra Boulevard
Bank Owned Property - 721 E Alondra Boulevard
Carson, California 90221Bank owned. 100 x 250 lot, 24,976 sq. ft., .57 acre, in unincorporated county area of West Rancho Dominguez, across street from city of Carson...
  • Residential (land)
Bank Owned Property - Gurnee Shopping Center!
Bank Owned Property - Gurnee Shopping Center!
Gurnee, Illinois 60031Bank owned strip center! Purchase this 29,000 SF center for under $53 psf! Current tenants consist of businesses with strong following. Vacant...
  • Strip Center
Bank Owned Property - 6 Units w Parking  - Union City New Construction
Bank Owned Property - 6 Units w Parking - Union City New Construction
Union City, New Jersey 07087Total of 6 Units with Parking !! Vacant Bank Owned Property - (60-70% complete - Exterior structure) New Construction with parking- 2 bedroom...
  • Mid/High-Rise
Bank Owned Property - Bank Owned Vacant Land for Sale
Bank Owned Property - Bank Owned Vacant Land for Sale
Dubach, Louisiana 71235The site has +/- 1,038 feet of frontage on Glen Road with the nearest cross street being Upchurch Road. The land is wooded, basically flat with...
  • Residential (land)
Bank Owned Property - Downtown Daytona Professional Office
Bank Owned Property - Downtown Daytona Professional Office
Daytona Beach, Florida 32114Free standing professional office in Downtown Daytona across from Daytona Beach City Hall. Building consist of 4 spacious offices and conference...
  • Office Building
Bank Owned Property - E 21st Car Wash
Bank Owned Property - E 21st Car Wash
Wichita, Kansas 67214BANK OWNED CARWASH WITH 8 BAYS; 7 MANUAL, 1 AUTOMATIC. 8 VACUUMS, 2 FRAGRANCE MACHINES, CAR WASH VENDING MACHINES, LARGE CLEAR CHANNEL BILLBOARD...
  • Vehicle Related
Bank Owned Property - RAC Adjustments
Bank Owned Property - RAC Adjustments
Rockford, Illinois 61114Single Tenant net lease property. Built in 2009/2010. Good solid local tenant. Existing tenant's original 5 year lease expires in 2017 with...
  • Office Building
Bank Owned Property - 40 Acres of Vacant Land
Bank Owned Property - 40 Acres of Vacant Land
Holt, Michigan 48842For Sale Bank Owned 40 +/- Acres of Vacant Single Family Land. Zoned R-1C One Family Medium Density Residential. Located under 2 miles from I-96...
  • Residential (land)
Bank Owned Property - 32 Acres of Vacant Land
Bank Owned Property - 32 Acres of Vacant Land
Holt, Michigan 48842For Sale Bank Owned 32.56 +/- Acres of Vacant Industrial Land. Zoned IP Industrial Park. Located under 2 miles from I-96 and US 127. All...
  • Industrial (land)
Bank Owned Property - 27 Acres of Vacant Land
Bank Owned Property - 27 Acres of Vacant Land
Holt, Michigan 48842For Sale Bank Owned - 27.7 +/- Acres of Vacant Multi Family Residential Land. Zoned RM Multifamily Residential. Permitted to build 120...
  • Multifamily (land)
Bank Owned Property - Fully Leased Auto Service Building
Bank Owned Property - Fully Leased Auto Service Building
Woodstock, Illinois 60098Fully leased auto service building for sale in Woodstock. The 11,300 square foot, two-tenant building is located along Route 14 with exposure to...
  • Vehicle Related
Bank Owned Property - Harbor Hills Development
Bank Owned Property - Harbor Hills Development
Brookings, Oregon 97415The 608 acre Harbor Hills subject property was brought into the City of Brookings Urban Growth Boundary in 2001 with a subsequent county/city...
  • Residential (land)
Bank Owned Property - 4.75 Acres Office/Light Industrial Land
Bank Owned Property - 4.75 Acres Office/Light Industrial Land
Shorewood, Illinois 60404Bank owned, 4.75 acres located on I-55 SE Frontage Road. Easy access to I-55 and I-80. Zoned ORI - office, research, light industrial
  • Office (land)
Bank Owned Property - 4253 W 47th St , Chicago, Illinois 60632
Bank Owned Property - 4253 W 47th St , Chicago, Illinois 60632
Chicago, Illinois 60632BANK OWNED, successful corner restaurant in great condition on busy 47th St near Midway Airport. 1,680 SF above grade + partial basement, on...
  • Restaurant
Bank Owned Property - 2717-23 W 66th St , Chicago, Illinois 60629
Bank Owned Property - 2717-23 W 66th St , Chicago, Illinois 60629
Chicago, Illinois 60629CASH OFFERS ONLY! BANK OWNED, brick, 8-unit building in Marquette Park in a need of a full rehab. The unit mix includes (6) 2 bdr units and (2) 1...
  • Garden/Low-Rise
Bank Owned Property - Emerald Coast Dragway
Bank Owned Property - Emerald Coast Dragway
Holt, Florida 32564Bank Owned Drag strip offered for sale in Holt, FL. Excellent visibility from hwy 10 and centrally located between Crestview, Milton and...
  • Special Purpose (Other)
Bank Owned Property - Downtown Brookfield Storefront Retail Property
Bank Owned Property - Downtown Brookfield Storefront Retail Property
Brookfield, Illinois 60513Eight (8) unit, 7,889 square feet retail storefront property in downtown Brookfield. The property is well located across the street from the Metra...
  • Street Retail
Bank Owned Property - BANK OWNED WAREHOUSE
Bank Owned Property - BANK OWNED WAREHOUSE
Stockton, California 95206Bank Owned condominium unit with approx 3,500 SF of office.
  • Warehouse
Bank Owned Property -
Bank Owned Property - 222 Thompkinsville Lane
Oak Grove, Kentucky 42262Bank Owned This property is located at a signalized light next to Walmart in Oak Grove, Kentucky, just outside of Fort Campbell. There are over...
  • Strip Center
Bank Owned Property - Newer Day Care Facility in Joliet
Bank Owned Property - Newer Day Care Facility in Joliet
Joliet, Illinois 60433Like new (2008) brick day care facility (fka Mary Sears Childrens Academy) on 3.47 acres. Currently vacant. Includes 4 large open rooms, kitchen,...
  • Day Care Facility/Nursery
Bank Owned Property - 1650 Topanga Skyline Drive
Bank Owned Property - 1650 Topanga Skyline Drive
Topanga, California 90290Bank owned. Reduced 100K! 95ยข a foot! 40,923 sq. ft. (.94 acre) steep downslope on quiet street in beautiful "Old Canyon" area. Located on east...
  • 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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