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    1451 SW Olive St Madras, OR 97741

    For Sale
    $5,200,000

    F - Madras, OR

    Lot size:
    3.00 Acres
    Days on Market:
    197
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 1451 SW Olive St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MUE
    APN
    1757
    Parking
    50
    Parking features
    Gated, Parking Lot, RV
    Interior features
    High Speed Internet
    Lot size
    3.00 Acres

    Utilities

    Heating system
    None (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Year built
    2025
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Other
    BuilderName
    Y&S Enterprises LLC

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

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

    Listing date May 31, 2025

    MLS# 220203015 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

    Turnkey Self-Storage Investment Opportunity

    This turnkey self-storage facility is available for sale in Madras, Oregon. The property spans 3 acres and features 51,675 square feet under roof, encompassing a total of 290 units. The facility is equipped with a keypad entry automated gate, exterior security lighting, and WiFi connectivity. Recent upgrades include new curbs, sidewalks, privacy fencing, ADA parking, and a newly paved street. A self-serve tenant signup system is in place for operational efficiency. The estimated annual income projects a cap rate of 7%+. The property is located in a prime area of Madras, offering easy access to all parts of the city. This presents an excellent opportunity for investors seeking strong returns in the growing Central Oregon market.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madras
    County
    Jefferson
    State
    Oregon
    Longitude
    -121.137101
    Latitude
    44.616937

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    FAQs

    What type of property is this?
    Self storage facility - 3-acre self-storage facility with 290 units in Madras, Oregon.
    Where is this self storage facility located?
    The property is located at 1451 SW Olive St Madras, OR.
    What is the asking price?
    The asking price for this property is $5,200,000.
    What are key features of this property?
    This property features: - Turnkey self-storage facility with **51,675 SQFT under roof and 290 units**.; - Projected **7%+ cap rate** offering strong investment returns.; - Prime location in a growing Central Oregon market with easy access to all parts of Madras.
    (888) 814-9613
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    1451 SW Olive St 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
    1451 SW Olive St Madras, OR 97741
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