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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 - 65 Developed Lots - Sharp's Vinyard
Bank Owned Property - 65 Developed Lots - Sharp's Vinyard
Cartersville, Georgia 30120- 65 single-family lots in Sharp' s Vinyard Subdivision - Zoned R-2, Residential - Bank Owned
  • Residential (land)
Bank Owned Property - Freestanding Bowling Alley Along Route 173
Bank Owned Property - Freestanding Bowling Alley Along Route 173
Antioch, Illinois 60002Freestanding retail building for sale along Route 173 in Antioch. The building is a 41,392 square foot entertainment facility featuring a 28-lane...
  • Free Standing Bldg
Bank Owned Property - 44+/- Acres Bank Owned
Bank Owned Property - 44+/- Acres Bank Owned
Crestview, Florida 3253944+/- Acres in the Heart of Crestview. Close to the new school. 1 mile to Highway, 1 mile to walmart, 1 mile to Hospital. Make Offer.
  • Residential (land)
Bank Owned Property - Buffalo Saloon
Bank Owned Property - Buffalo Saloon
Paterson, New Jersey 07503This closed former Bar and restaurant is Bank owned and is being sold as is. Buyers are responsible for any and all repairs. Property is on a...
  • Restaurant
Bank Owned Property - MCC O'Hare
Bank Owned Property - MCC O'Hare
Des Plaines, Illinois 60018- Excellent Window Line - Bank-Owned/Aggressively Priced - Upscale Professional Complex - 100% Air-Conditioned - Exterior Loading Dock
  • Flex Space
Bank Owned Property - MCC O'Hare
Bank Owned Property - MCC O'Hare
Des Plaines, Illinois 60018- 1 Private Office with Excellent Window Line - Bank-Owned/Aggressively Priced - Upscale Professional Complex - 100% Air-Conditioned - Exterior...
  • Flex Space
Bank Owned Property - MCC O'Hare in Des Plaines
Bank Owned Property - MCC O'Hare in Des Plaines
Des Plaines, Illinois 60018- 3 Private Offices - Excellent Window Line -- Corner Unit - Bank-Owned/Aggressively Priced - Upscale Professional Complex - Exterior Loading Dock
  • Flex Space
Bank Owned Property -
Bank Owned Property - 340 S Broadway
Aurora, Illinois 60505Perfect Investor Property! Non-Conforming 2 Unit. Separate Utilities and individual mechanicals. Sold As-Is. The property will need some TLC. Side...
  • Garden/Low-Rise
Bank Owned Property - 11163 S Central Avenue
Bank Owned Property - 11163 S Central Avenue
Los Angeles, California 90059Bank owned. Sold for 325K in 2004, assessed @ 369K. 2 retail storefronts/offices/light manufacturing units, 2241 sq. ft., on street to alley 35 x...
  • Free Standing Bldg
Bank Owned Property - Former Bank Branch at Signalized Intersection
Bank Owned Property - Former Bank Branch at Signalized Intersection
Western Springs, Illinois 605581,900 square foot, freestanding former bank branch building located at the northwest corner of Wolf Road and 55th Street in Western Springs. The...
  • Office Building
Bank Owned Property - Bank Owned REO - Vacant Mixed-Use Commercial Build
Bank Owned Property - Bank Owned REO - Vacant Mixed-Use Commercial Build
Blackwood, New Jersey 08012INVESTMENT SUMMARY The Maling Team of Colliers International is pleased to present the subject property located at 32 North Black Horse Pike in...
  • Retail (Other)
Bank Owned Property - Bank Owned Subdivision
Bank Owned Property - Bank Owned Subdivision
Jacksonville, North Carolina 28540BANKED OWNED SUBDIVISION!!! Looking for land to build some homes? Approximately 60.76 +/- acres of semi-developed subdivision property. Located...
  • Commercial/Other (land)
Bank Owned Property - Bank Owned Land For Sale Price reduced
Bank Owned Property - Bank Owned Land For Sale Price reduced
Morrow, Georgia 3026015.65 Acres of Raw Land on Mt Zion Rd.
  • Commercial/Other (land)
Bank Owned Property - Lake Lure Retail Center
Bank Owned Property - Lake Lure Retail Center
Lake Lure, North Carolina 28746Excellent location in Lake Lure. Bank-owned solid strip center for an incredible deal. Four recently renovated suites. Walking distance to...
  • Strip Center
Bank Owned Property - PUD Zoned Acreage in Pooler
Bank Owned Property - PUD Zoned Acreage in Pooler
Pooler, Georgia 31322Two Bank owned adjoining tracts offered as one 36.89 acre tract. Land zoned PUD and located in the Savannah Quarters development. Southwest...
  • Residential (land)
Bank Owned Property - North Port Land
Bank Owned Property - North Port Land
North Port, Florida 34291Bank owned vacant lot - suitable for variety of retail or office commercial uses. Bank will consider holding first mortgage with excellent...
  • Commercial/Other (land)
Bank Owned Property - Hawthorn Suites by Wyndham Merrimack/Nashua Area
Bank Owned Property - Hawthorn Suites by Wyndham Merrimack/Nashua Area
Merrimack, New Hampshire 03054-Fee simple interest in bank-owned, 129-room Hawthorn Suites Merrimack offered at a fraction of replacement of cost -Property offered for sale...
  • Economy/Limited Service
Bank Owned Property - Royal Troon - Bank Owned
Bank Owned Property - Royal Troon - Bank Owned
Williams, Arizona 86046Bank owned property in golf course subdivision. CC& R's to protect your investment. Buyer to verify all information.
  • Residential (land)
Bank Owned Property - 7719 N. Pioneer Lane
Bank Owned Property - 7719 N. Pioneer Lane
Peoria, Illinois 61615Great flex building for sale in Peoria's Pioneer Park! Currently configured with 14,600 sf of office space with 3,000 sf warehouse. Office space...
  • Office Building
Bank Owned Property - 9391 Cypress Avenue
Bank Owned Property - 9391 Cypress Avenue
Fontana, California 92335Bank owned. Sold for 650K in 2005, assessed @ 725K. 4464 sq. ft. church / school building with full basement on completely gated 132 x 300 lot...
  • Religious Facility
Bank Owned Property - Attic Business Park Lot
Bank Owned Property - Attic Business Park Lot
Shawnee, Kansas 66218Bank Owned industrial pad site in successful business park. Forward thinking city with possible incentives available. Utilities on site.
  • Industrial (land)
Bank Owned Property - 21004 US 12
Bank Owned Property - 21004 US 12
Edwardsburg, Michigan 49112Commercial development opportunity. 1.87 acres at a signalized corner location on heavily traveled US 12. 315 road frontage on US 12. Site is...
  • Commercial/Other (land)
Bank Owned Property - Bank Owned REO - Vacant Multi-Family Building
Bank Owned Property - Bank Owned REO - Vacant Multi-Family Building
Pemberton, New Jersey 08068The Maling Team of Colliers International is pleased to present the subject property located at 115 Hanover Street in Pemberton, New Jersey. The...
  • Garden/Low-Rise
Bank Owned Property - Freestanding Medical Office or Retail
Bank Owned Property - Freestanding Medical Office or Retail
Klamath Falls, Oregon 97601Freestanding Building located in Klamath Falls' premier Medical Office District! Extremely well maintained building perfect for office or retail...
  • Free Standing Bldg
Bank Owned Property - AUCTION: Bank Owned - 3.9± ac Comm Spring Hill, FL
Bank Owned Property - AUCTION: Bank Owned - 3.9± ac Comm Spring Hill, FL
Spring Hill, Florida 34609Bank Owned - 3.9± ac Comm Spring Hill, FL Online Bidding Opens Sept. 3, 2015 at 9 am ET and Ends Sept. 10, 2015 at 11:30 am ET - Less than 2 miles...
  • Commercial/Other (land)

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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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