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 100% Leased Retail Building For Sale
Bank Owned Property - Bank Owned 100% Leased Retail Building For Sale
Ferriday, Louisiana 71334Building Area: 12,000 SF Land Size: 1.88 Acres Tenant: Fred's Metal & Concrete Block building with 39,600 SF +/- concrete parking. Contact...
  • Free Standing Bldg
Bank Owned Property - Residential Redevelopment Opportunity in Lake Fore
Bank Owned Property - Residential Redevelopment Opportunity in Lake Fore
Lake Forest, Illinois 600456.07 acres of residential (R-3) zoned land for sale within the Conway Farms neighborhood of prestigious Lake Forest. There is an existing house on...
  • Residential (land)
Bank Owned Property - 20 Unit Value Add
Bank Owned Property - 20 Unit Value Add
Adelanto, California 92301Value Added property! Bank Owned! 20 unit apartment complex located on White Ave in Adelanto with easy access to Highway 395 and Interstate 15. ...
  • Garden/Low-Rise
Bank Owned Property - +/- 40 Acres of Farmland in Beecher IL
Bank Owned Property - +/- 40 Acres of Farmland in Beecher IL
Beecher, Illinois 60401+/- 40 acres farmland in Beecher. High productivity zoned agricultural. Bank owned and priced to sell! $8500/ acre.
  • Commercial/Other (land)
Bank Owned Property - 6.24 Acres on Dixie Highway in Beecher IL
Bank Owned Property - 6.24 Acres on Dixie Highway in Beecher IL
Beecher, Illinois 604016.24 acres on Dixie Highway in Beecher zoned B-3. Bank owned and priced to sell at $1.00 per square foot! 680' of highway frontage. Great...
  • Commercial/Other (land)
Bank Owned Property - Farmland in Beecher IL
Bank Owned Property - Farmland in Beecher IL
Beecher, Illinois 60401+/- 75 acres of farmland in Beecher. Bank owned and priced to sell.
  • Commercial/Other (land)
Bank Owned Property - Shoppes at Russellville
Bank Owned Property - Shoppes at Russellville
Russellville, Kentucky 42276Bank Owned This property is located in Russellville, KY next to Walmart with whom it shares and ingress/egress. There are over 6,000 vehicles...
  • Strip Center
Bank Owned Property - 2930 Vineville Avenue
Bank Owned Property - 2930 Vineville Avenue
Macon, Georgia 31204BANK OWNED-BRING ALL OFFERS!!! Great, Convenient Location in Central Macon right on Vineville. Office parking available in rear. The building...
  • Office Building
Bank Owned Property - Bank Owned C store / Redevelopment Retail site
Bank Owned Property - Bank Owned C store / Redevelopment Retail site
Acworth, Georgia 30101Closed Gas Station/ Convenience Store. Could be a great redevelopment location for a restaurant, bank, or high density retail. Property...
  • Service/Gas Station
Bank Owned Property - BANK OWNED
Bank Owned Property - BANK OWNED
Itasca, Illinois 60143Bank Owned Industrial Office/Warehouse. Consists of two separate units. 2,500 SF of Warehouse on first floor which some can be converted to...
  • Industrial Condo
Bank Owned Property - Prime Commercial Corridor Development Site #2365
Bank Owned Property - Prime Commercial Corridor Development Site #2365
Bartonsville, Pennsylvania 18321Bank Owned 51+ Acre Site!
  • Retail (land)
Bank Owned Property -
Bank Owned Property - 430 Rt 206
Andover, New Jersey 07860Awsome 6,000 sq. ft. building, bank owned.
  • Office Showroom
Bank Owned Property -
Bank Owned Property - 430 Rt. 206
Andover, New Jersey 07860Awesome 6,000 sq. ft. building; bank owned.
  • Free Standing Bldg
Bank Owned Property - REO S Dixie Hwy Development Site
Bank Owned Property - REO S Dixie Hwy Development Site
Miami, Florida 33170Sperry Van Ness, as exclusive listing agent, is pleased to present this highly visible development site. The property is located on busy S Dixie...
  • Retail (land)
Bank Owned Property - Old Jackson Road
Bank Owned Property - Old Jackson Road
Locust Grove, Georgia 30248Property is Bank Owned. Former Landscaping Company Nursery. Homes are sold separately through residential real estate firm.
  • Retail (land)
Bank Owned Property -
Bank Owned Property - TBD Racine Rd.
Montrose, Colorado 81401298.26 acres MOL of vacant land abutted on two sides by BLM land. Partial BLM perimeter fence. Located where Racine Road meets South Canal Road...
  • Residential (land)
Bank Owned Property - BANK OWNED LAUNDROMAT
Bank Owned Property - BANK OWNED LAUNDROMAT
Midlothian, Illinois 60445BANK OWNED, one-story retail building formerly utilized as a Coin Operated Laundromat. Existing equipment consists of 18-washers, 11-mega washers,...
  • Street Retail
Bank Owned Property - 4626-4630 S Vermont Ave
Bank Owned Property - 4626-4630 S Vermont Ave
Los Angeles, California 90037Bank owned. Mixed use commercial building. Upside potential with rent stabilization. Property sold in its current "as-is" condition.
  • Street Retail
Bank Owned Property - Kihei Villages I #6-104
Bank Owned Property - Kihei Villages I #6-104
Kihei, Hawaii 96753Easy to show Bank Owned property in North Kihei. Clean, 2 bed 1.5 bath ground floor unit with enclosed back yard. 1 deeded parking space, walking...
  • Single-Unit (SFR/Condo)
Bank Owned Property - GREAT 26 AC TRACT ZONED PD WITH FRONTAGE ON HWY 99
Bank Owned Property - GREAT 26 AC TRACT ZONED PD WITH FRONTAGE ON HWY 99
Brunswick, Georgia 31525This great BANK OWNED 26 acre tract zoned PD has terrific frontage on Highway 99 and has water and sewer available to property. Perfect for...
  • Multifamily (land)
Bank Owned Property - Bank Owned Development Parcels
Bank Owned Property - Bank Owned Development Parcels
Port Charlotte, Florida 33954" Reduced Asking Price: $6,000,000 " Bank Owned Parcel 1 " 20.13 Acres " Zoned Commercial General (CG) " Contains a 5.52 Acre retention...
  • Commercial/Other (land)
Bank Owned Property -
Bank Owned Property - 9074 W Houghton Lake Dr
Houghton Lake, Michigan 48629Bank Owned Opportunity ! Expansive building on the West shore of Houghton Lake. Building is being sold as is with all equipment, furnishings...
  • Restaurant
Bank Owned Property - Heritage Square (Bank Owned)
Bank Owned Property - Heritage Square (Bank Owned)
East Fishkill, New York 12533Heritage Square is a 72,423-square foot lender-owned (REO) retail and office investment property in East Fishkill, New York. Comprised of four...
  • Office Building
Bank Owned Property - South Padre Island Golf Community
Bank Owned Property - South Padre Island Golf Community
Laguna Vista, Texas 78578The Leisure Investment Properties Group of Marcus & Millichap is pleased to exclusively offer "at market bid" (unpriced) the opportunity to...
  • Golf Related
Bank Owned Property - 2 Bay Car Wash - Land and Equipment
Bank Owned Property - 2 Bay Car Wash - Land and Equipment
Elkview, West Virginia 25045BANK OWNED FOR SALE Located on Rt. 119 - Elk River Road 2 Bay Car Wash - Land and Equipment Adjoining Herbert Hoover High School Listed For:...
  • Vehicle Related
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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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