Bank Owned Properties For Sale

Bank Owned Commercial Properties available for sale on the #1 commercial real estate marketplace online

Search for Bank Owned Property or Commercial Real Estate on LoopNet.com

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: Bank Owned - Lot in Mixed Use Location
Bank Owned Property - AUCTION: Bank Owned - Lot in Mixed Use Location
Jacksonville, Florida 32206Bank Owned - Lot in Mixed Use Location, Jacksonville, FL Online Auction - March 9 - 19 Property #: DG1564 35' ± x 109' ± lot just off 8th Street...
  • Commercial/Other (land)
Bank Owned Property - AUCTION: Bank Owned - Commercial Lot
Bank Owned Property - AUCTION: Bank Owned - Commercial Lot
Crescent City, Florida 32112Bank Owned - Commercial Lot, Crescent City, FL Online Auction - March 9 - 18 Property #: DG1554 This vacant commercial land site is conveniently...
  • Commercial/Other (land)
Bank Owned Property -
Bank Owned Property - 2803 Cashwell DR
Goldsboro, North Carolina 27534Vacant office building priced well below as-is appraisal and tax value. Almost finished remodeling for 8 chair dental office plus a large...
  • Office Building
Bank Owned Property - 3719 S Western Avenue
Bank Owned Property - 3719 S Western Avenue
Los Angeles, California 90018Bank owned. Borrower owed 301K. Freestanding retail/office building in gentrifying Jefferson Park/West Adams location west of USC/east of Leimert...
  • Office Building
Bank Owned Property - 1116 W Vernon Avenue
Bank Owned Property - 1116 W Vernon Avenue
Los Angeles, California 90037Bank owned. Borrower owed 338K. 3481 sq. ft. of live/work space west of Vermont, just south of USC for $93 a foot! 48 x 143 street to alley R4 lot...
  • Religious Facility
Bank Owned Property - 4703 Leiper Street, Philadelphia, PA
Bank Owned Property - 4703 Leiper Street, Philadelphia, PA
Philadelphia, Pennsylvania 19124At the corner of Leiper & Arrott, this six unit standalone multi-family property has 6,979 SF on 2 1/2 story masonry with a large garage. This...
  • Garden/Low-Rise
Bank Owned Property - 4200 W. Division
Bank Owned Property - 4200 W. Division
Chicago, Illinois 60651BANK OWNED SOLD AS-IS, WHERE-IS. CASH OFFERS ONLY. NO ADDENDUMS, DISCLOSURES, SELLER SURVEY. TAXES PRO RATED AT 100%. FOR SHOWING INSTRUCTIONS...
  • Free Standing Bldg
Bank Owned Property - Bank Owned 5,405 SF Auto Repair Shop
Bank Owned Property - Bank Owned 5,405 SF Auto Repair Shop
South Elgin, Illinois 601775,405 SF building consisting of 2 units on .53 acres. 660 N. La Fox consists of 2 service bays with a small office and reception area. This space...
  • Vehicle Related
Bank Owned Property - AUCTION: Bank Owned - 5± Acres Industrial
Bank Owned Property - AUCTION: Bank Owned - 5± Acres Industrial
Jacksonville, Florida 32218Bank Owned - 5± Acres Industrial, Jacksonville, FL Online Auction - March 9 - 19 Property#: DG1563 Over five acres of light industrial property...
  • Commercial/Other (land)
Bank Owned Property - AUCTION: Bank Owned - Former Day Care/School
Bank Owned Property - AUCTION: Bank Owned - Former Day Care/School
New Smyrna Beach, Florida 32168Bank Owned - Former Day Care/School, New Smyrna Beach, FL Online Auction - March 9 - 18 Property #: DG1551 - 1960± block building with more recent...
  • Special Purpose (Other)
Bank Owned Property - Kellum Loop Mini-Storage
Bank Owned Property - Kellum Loop Mini-Storage
Jacksonville, North Carolina 28546BANK OWNED INVESTMENT PROPERTY!!! Proposed / stalled 240 unit mini-storage facility located at 1101 Kellum Loop Rd. outside the Jacksonville, NC...
  • Self/Mini-Storage Facility
Bank Owned Property - AUCTION: Bank Owned - Waterfront Comm
Bank Owned Property - AUCTION: Bank Owned - Waterfront Comm
Crescent City, Florida 32112Bank Owned - Waterfront Comm, Crescent City, FL Online Auction - March 9 - 18 Property #: DG1552 Formerly the site of a restaurant and motel,...
  • Commercial/Other (land)
Bank Owned Property - AUCTION: Bank Owned - Office/Medical leased by Fed
Bank Owned Property - AUCTION: Bank Owned - Office/Medical leased by Fed
Orange City, Florida 32763Bank Owned - Office/Medical leased by Federal Government, Orange City, FL Online Auction - March 9 - 18 Property #: DG1549 Manicured landscaping...
  • Office Building
Bank Owned Property - AUCTION: Bank Owned - Comm Lot Hwy 441
Bank Owned Property - AUCTION: Bank Owned - Comm Lot Hwy 441
Okeechobee, Florida 34974Bank Owned - Comm Lot Hwy 441, Okeechobee, FL Online Auction - March 9 - 17 Property #: DG1544 Flat and easy to develop, this commercial site is...
  • Commercial/Other (land)
Bank Owned Property - AUCTION: Bank Owned - High Profile Land w/ Bldg
Bank Owned Property - AUCTION: Bank Owned - High Profile Land w/ Bldg
Melbourne, Florida 32935Bank Owned - High Profile Land w/ Bldg, US Hwy. 1, Melbourne, FL Online Auction - March 9 - 16 Property #: DG1535 This sale includes 4 parcels;...
  • Commercial/Other (land)
Bank Owned Property - AUCTION: Bank Owned - 200'± US Hwy 1 Frontage
Bank Owned Property - AUCTION: Bank Owned - 200'± US Hwy 1 Frontage
Melbourne, Florida 32935Bank Owned - 200'± US Hwy 1 Frontage, Melbourne, FL Online Auction - March 9 - 16 Property #: DG1534 Situated in the City of Melbourne, this high...
  • Commercial/Other (land)
Bank Owned Property - AUCTION: Bank Owned - 10,400± sf Industrial/Whs
Bank Owned Property - AUCTION: Bank Owned - 10,400± sf Industrial/Whs
Melbourne, Florida 32904Bank Owned - 10,400± sf Industrial/Whs Bldg, Melbourne, FL Online Auction - March 9 - 16 Property #: DG1533D - 1 of 5 buildings being sold - buy...
  • Warehouse
Bank Owned Property - AUCTION: Bank Owned - 2 Industrial/Whs Bldgs
Bank Owned Property - AUCTION: Bank Owned - 2 Industrial/Whs Bldgs
Melbourne, Florida 32904Bank Owned - 2 Industrial/Whs Bldgs, Melbourne, FL Online Auction - March 9 - 16 Property #: DG1533C - 1 of 5 buildings being sold - buy one or...
  • Warehouse
Bank Owned Property - Bank Owned Commercial Development Site #2363-CL
Bank Owned Property - Bank Owned Commercial Development Site #2363-CL
Blakeslee, Pennsylvania 18610Retail? Fast Food? Auto Repair? Hotel? Mixed-Use?- are all potential uses for this versatile property! Site configuration is ideal for subdivision...
  • Retail (land)
Bank Owned Property - 7012 W. North Ave
Bank Owned Property - 7012 W. North Ave
Chicago, Illinois 60302BANK OWNED SOLD AS-IS , WHERE-IS. NO ADDENDUMS OR DISCLOSURES. TAXES PRO RATED AT 100%. CURRENT TENANT LEASE THROUGH 12/2017. NO PHONE CALLS...
  • Neighborhood Center
Bank Owned Property - AUCTION: Bank Owned - 12,046± sf Industrial/Whs
Bank Owned Property - AUCTION: Bank Owned - 12,046± sf Industrial/Whs
Melbourne, Florida 32904Bank Owned - 12,046+/- sf Industrial/Whs Bldg, Melbourne, FL Online Auction - March 9 - 16 Property #: DG1533B - 1 of 5 buildings being sold -...
  • Warehouse
Bank Owned Property - AUCTION: Bank Owned - 14,740± sf Industrial/Whs
Bank Owned Property - AUCTION: Bank Owned - 14,740± sf Industrial/Whs
Melbourne, Florida 32904Bank Owned - 14,740+/- sf Industrial/Whs Bldg, Melbourne, FL Online Auction - March 9 - 16 Property #: DG1533A - 1 of 5 buildings being sold -...
  • Warehouse
Bank Owned Property - Bank Owned Freestanding Building for Sale
Bank Owned Property - Bank Owned Freestanding Building for Sale
Miami, Florida 33147" Purchase Price: $329,000 " Building Size: 4,500 Square Feet " Lot Size: 17,232 Square Feet " Year Built: 1989 " Zoning: BU-3 " Parking: 15...
  • Free Standing Bldg
Bank Owned Property - Prime Commercial Property
Bank Owned Property - Prime Commercial Property
Jasper, Florida 32052Bank Owned Property. A very unique development opportunity featuring 54+/- acres of commercial property strategically located at the interchange...
  • Commercial/Other (land)
Bank Owned Property - Two Bank-Owned Industrial Condos for Sale
Bank Owned Property - Two Bank-Owned Industrial Condos for Sale
West Park, Florida 33023Located in the heart of West Park, Florida are unit 2400 and 2410 SW 56th Street. Two condo units with a combined size of 3,281 Square Feet. The...
  • Warehouse
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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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