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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 Property - 1009 S. Main Street
Pleasantville, New Jersey 08232Bank Owned. 2 floor office building - 2,500+/- sf. Great for small office. On site parking.
  • Office Building
Bank Owned Property - 618 Prescott Road
Bank Owned Property - 618 Prescott Road
Columbia, South Carolina 29203Commercial metal building currently occupied by a church, salon and residential tenant. Bank owned. Sold as-is, where-is with no warranties...
  • Retail (Other)
Bank Owned Property - 5800 Fairfield Road
Bank Owned Property - 5800 Fairfield Road
Columbia, South Carolina 29203Corner lot of Fairfield and Prescott within .5 miles of I-20. Great location! Bank owned! Adjoining property with 4,000 sq ft building also...
  • Office (land)
Bank Owned Property - Curlew Lakes RCM Auction
Bank Owned Property - Curlew Lakes RCM Auction
Palm Harbor, Florida 34684Registration Link:...
  • Strip Center
Bank Owned Property - 1515 Old US Hwy 31
Bank Owned Property - 1515 Old US Hwy 31
Niles, Michigan 49120Bank Owned. Three building pre-fabricated steel building complex totaling 41,125 SF. Complete industrial and office operation. See the attached...
  • Manufacturing
Bank Owned Property - 1371 N Garfield Avenue
Bank Owned Property - 1371 N Garfield Avenue
Pasadena, California 91104Bank owned. Classic updated 2 story 4 bed SFR on flat 8225 sq. ft. street to street R3 lot on quiet tree lined street. House is very bright...
  • Residential (land)
Bank Owned Property - 290 Grandview Street
Bank Owned Property - 290 Grandview Street
Pasadena, California 91104Bank owned, first time ever in MLS. Classic 3 bed SFR sold for land value on flat 7500 sq. ft. R3 lot on quiet tree lined street. House is well...
  • Residential (land)
Bank Owned Property - Westphalia Road Development
Bank Owned Property - Westphalia Road Development
Upper Marlboro, Maryland 20774Residential Development Property - Preliminary Approval for 200 TH lots on 43.70 Acres. R-T Zoning, Prelim approval identifies property as Lots...
  • Residential (land)
Bank Owned Property - 8,210+/- SF Mixed Use Building for Sale
Bank Owned Property - 8,210+/- SF Mixed Use Building for Sale
Atlantic City, New Jersey 08401This is an 8,210+/- s/f mixed use building built on a slab foundation. The building is four stories high, and the rear section of the building is...
  • Mid/High-Rise
Bank Owned Property - 0 Tara Blvd/ 1506 Mundys Mill Road
Bank Owned Property - 0 Tara Blvd/ 1506 Mundys Mill Road
Jonesboro, Georgia 30238Bank Owned Commercially Zoned 6+ Acre Site located on heavily traveled State Highway 19/41 (Tara Blvd). Has access and road frontage on Mundys...
  • Commercial/Other (land)
Bank Owned Property - 631-653 Morse
Bank Owned Property - 631-653 Morse
Schaumburg, Illinois 6019312 units total, currently 83% occupied and awaiting owner occupant or investor. REO bank owned with no survey, ne reps, no warranties. Rent roll...
  • Flex Space
Bank Owned Property - 7836 S. Sangamon
Bank Owned Property - 7836 S. Sangamon
Chicago, Illinois 60620REO bank owned, no survey, no reps, no warranties, no disclosures. 9 units fully leased within two contiguous buildings. Proforma available upon...
  • Mid/High-Rise
Bank Owned Property - Lot 3
Bank Owned Property - Lot 3
Fox Lake, Illinois 60020The seller for 20 Hillside Drive (Lot 1) and 24 Hillside Drive (Lot 3) is asking $160,000 for both properties. B-2 zoning for commercial and...
  • Commercial/Other (land)
Bank Owned Property - Lot 1
Bank Owned Property - Lot 1
Fox Lake, Illinois 60020The seller for 20 Hillside Drive (Lot 1) and 24 Hillside Drive (Lot 3) is asking $160,000 for both properties. B-2 zoning for commercial and...
  • Commercial/Other (land)
Bank Owned Property - 2441 W Peterson
Bank Owned Property - 2441 W Peterson
Chicago, Illinois 60659Great opportunity to own a commercial building on busy Peterson Ave. & get great exposure for your business. You will be able to open variety of...
  • Street Retail
Bank Owned Property - Bank Owned Property-Olde Lafayette Village
Bank Owned Property - Bank Owned Property-Olde Lafayette Village
Lafayette, New Jersey 07848Village Style complex with restaurant. Most one to two story This notice is for informational purposes only. Please contact the Court for...
  • Regional Center/Mall
Bank Owned Property - HWY 92 NEAR WINTER HAVEN AIRPORT
Bank Owned Property - HWY 92 NEAR WINTER HAVEN AIRPORT
Winter Haven, Florida 33881BANK OWNED. 2.83 acres of lake front property available across from Winter Haven airport, zoned Residential Suburban (RS). Property has a duplex...
  • Residential (land)
Bank Owned Property - 400 E. 6th Street
Bank Owned Property - 400 E. 6th Street
Rolla, Missouri 65401Benton Square - 22,234 m/l square feet of retail/restaurant space! This historic property has had extensive renovations and is in a great location...
  • Free Standing Bldg
Bank Owned Property -
Bank Owned Property - 4804 PATTY LN
Ringwood, Illinois 60072SPECTACULARLY AND WONDERFULLY WOODED AND LANDSCAPED 1.8 ACRE LOT IN COUNTRY CROSSINGS!!! THIS NOW BANK OWNED LOT HAS MANY LARGE AND MATURE TREES...
  • Residential (land)
Bank Owned Property - Bank Owned Strip Centers - South Halsted
Bank Owned Property - Bank Owned Strip Centers - South Halsted
Chicago, Illinois 606283 strip centers on South Halsted. 53.6% occupied. Cap rate determined on actual income so huge upside when properties are rented.
  • Strip Center
Bank Owned Property - 2 +/- AC  COMMERCIAL LOT AT US 17S & I-95
Bank Owned Property - 2 +/- AC COMMERCIAL LOT AT US 17S & I-95
Brunswick, Georgia 31523Commercial lot near US 17S and I-95. Great location.Bank owned.
  • Industrial (land)
Bank Owned Property - Bank Owned Property
Bank Owned Property - Bank Owned Property
Florence, South Carolina 29501Property consists of 80+/- acres just off of I-95 & Highway 52 (West Lucas Street). The property is an irregular shaped tract with frontage on...
  • Residential (land)
Bank Owned Property - Bank Branch Building Available For Sale
Bank Owned Property - Bank Branch Building Available For Sale
Lindenhurst, Illinois 60046Single-story, 5,095 square foot former bank branch building located along Sand Lake Road, just west of Route 45 in Lindenhurst. The property...
  • Office Building
Bank Owned Property -
Bank Owned Property - 7125 New Sanger Avenue
Woodway, Texas 76712Bank Owned Property. Approximately 7.46 Acres. Zoned: Planned Office Park.
  • Office (land)
Bank Owned Property - McKinley Park Mixed Use Building for Sale
Bank Owned Property - McKinley Park Mixed Use Building for Sale
Chicago, Illinois 606093,184 Sq Ft Mixed Use building includes one retail storefront (former restaurant) and three apartments Lender owned and sold as-is, where is, no...
  • Garden/Low-Rise

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About LoopNet.com

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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