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    00504 And 26 South Madras Madras, OR 97741

    For Sale
    $299,000

    Commercial - Madras, OR

    Lot size:
    1.15 Acres
    Days on Market:
    147
    Last Refresh:
    Dec 7 at 3:06 am

    Property Features for 00504 And 26 South Madras

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    200-CMSC-Commer
    APN
    21005
    Lot size
    1.15 Acres

    Building Details

    Architectural style
    Other

    EXP REALTY LLC (888) 814-9613 [email protected]

    Listing agent E Lamar Yoder (888) 814-9613 License #201207796

    Listing date Jul 14, 2025

    MLS# 220138701 Listing URL

    Copyright © 2025 MLS of Central Oregon. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Investment Opportunity

    This commercial land, situated on Highway 97 and 26 in Madras, Oregon, presents an investment opportunity. The 1.15-acre property is located between Dollar General and Abby's Pizza, and across the street from Dollar Tree, within The Madras Urban Renewal Zone. Zoned 200-CMSC-Commer, the property offers an array of options for entrepreneurs or investors, including retail, professional services, restaurant, or single or multi-tenant projects. Property access is off of Brush Lane. Interested parties should contact the City of Madras and the Department of Transportation concerning access off of Highway 97 and 26.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Madras
    County
    Jefferson
    State
    Oregon
    Longitude
    -121.133773
    Latitude
    44.616433

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    FAQs

    What type of property is this?
    Commercial land - Commercial land on HWY 97 and 26 in Madras, Oregon.
    Where is this commercial land located?
    The property is located at 00504 And 26 South Madras Madras, OR.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Prime commercial location on HWY 97 and 26.; - Located in The Madras Urban Renewal Zone.; - High-traffic area between Dollar General and Abby's Pizza.
    (888) 814-9613
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    00504 And 26 South Madras Madras, OR 97741
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    Madras, OR 97741
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00504 And 26 South Madras Madras, OR 97741
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