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    702 Highway 97 NE Madras, OR 97741

    For Sale
    $248,000

    Commercial - Madras, OR

    Lot size:
    0.92 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 7 at 2:06 am

    Property Features for 702 Highway 97 NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-1
    APN
    111301BC00702
    Lot size
    0.92 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Mike C. Ahern (888) 814-9613 License #200202246

    Listing date Nov 25, 2025

    MLS# 220212388 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 Lot in North Madras

    This commercial lot is located in North Madras, Oregon, just north of Safeway, and offers easy access. The property is approximately 0.92 acres and is zoned C-1. Situated on one of the first commercial lots upon entering Madras, it offers a potentially advantageous location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Madras
    County
    Jefferson
    State
    Oregon
    Longitude
    -121.12624
    Latitude
    44.645347

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    FAQs

    What type of property is this?
    Commercial land - Commercial lot near Safeway with easy access and high visibility.
    Where is this commercial land located?
    The property is located at 702 Highway 97 NE Madras, OR.
    What is the asking price?
    The asking price for this property is $248,000.
    What are key features of this property?
    This property features: - Prime commercial lot location in North Madras.; - Situated just north of Safeway, offering **high visibility and accessibility**.; - Almost an acre of commercial property.
    (888) 814-9613
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    702 Highway 97 NE 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
    702 Highway 97 NE Madras, OR 97741
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