Industrial Building with Multiple
500 NW Cherry Lane Madras, OR 97741
500 NW Cherry Lane, Madras, OR, 97741
$2,100,000
Pending
For Sale
$2,100,000
Pending
COMMERCIAL - Madras, OR
Property Size3,000 SF
Lot Size5.04 Acres
Days on Market101
Property Features for 500 NW Cherry Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Exterior features
- Rail Spur
- Standard status
- Pending
- APN
- 13249
- Size
- 3,000 SF
- Lot size
- 5.04 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 22543
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2019
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Concrete, Vinyl, Carpet
- Building materials
- Steel Frame
- Roof type
- Metal
Listing agency
RE/MAX Key Properties
(541) 728-0033
Listed by
Dan C Steelhammer
(541) 728-0033
Added: Apr 13 Updated: Jul 9 at 12:47PM Checked: Jul 22 at 12:06PM
MLS# 220219163
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Investment Insights
Based on property information with market context.
This modern industrial/ag building totals 16,400 square feet and is configured with multiple offices, a conference room, and a reception area. It also includes two industrial suites of approximately 4,800 square feet each. In addition, there is some semi-finished second-floor storage space. The property features five large grade-level roll-up doors. Supporting improvements include a scale house and a large outdoor storage building with no heat, built with a plastic skin, metal frame, and concrete bunks.
The site includes about 5.04 acres. The property is in the Airport Development zone, which allows many agricultural and industrial uses. The owner also currently leases adjacent property from the City of Madras to support rail spur access and additional yard area; a new owner can negotiate a similar lease if desired.
The building’s combination of office space, separate industrial suites, multiple roll-up doors, and outdoor storage makes it a practical fit for industrial operators and agricultural-related uses. The existing utility of the facility for distribution-type functions is supported by its prior use as a fertilizer distribution center, while the zone allows a range of agricultural and industrial applications.
The site includes about 5.04 acres. The property is in the Airport Development zone, which allows many agricultural and industrial uses. The owner also currently leases adjacent property from the City of Madras to support rail spur access and additional yard area; a new owner can negotiate a similar lease if desired.
The building’s combination of office space, separate industrial suites, multiple roll-up doors, and outdoor storage makes it a practical fit for industrial operators and agricultural-related uses. The existing utility of the facility for distribution-type functions is supported by its prior use as a fertilizer distribution center, while the zone allows a range of agricultural and industrial applications.
Key Highlights
- 16,400 SF modern industrial/AG building (built 2019) with multiple offices, conference room, reception, and two +/- 4,800 SF industrial suites
- Includes 5 large grade level roll‑up doors plus some second‑floor semi‑finished storage areas
- Steel frame construction with metal roof; flooring includes concrete, vinyl, and carpet
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- Safeguard RV & Boat Storage — 397 NW Cherry Ln, Madras, OR 97741
- Mountain View RV & Mini Storage — 2086 NW Andrews Dr, Madras, OR 97741
FAQs
What type of property is this?
Warehouse - Modern industrial/ag facility with offices, two industrial suites, five grade-level roll-up doors, and extensive outdoor storage.
Where is this warehouse located?
The property is located at 500 NW Cherry Lane Madras, OR.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 16,400 SF modern industrial/AG building (built 2019) with multiple offices, conference room, reception, and two +/- 4,800 SF industrial suites; Includes 5 large grade level roll‑up doors plus some second‑floor semi‑finished storage areas; Steel frame construction with metal roof; flooring includes concrete, vinyl, and carpet