Industrial Warehouse with Roll-Up
For Sale
$2,100,000
Pending
500 Cherry Lane, Madras, OR 97741
Modern warehouse with office space, multiple industrial suites, and five large grade-level roll-up doors for flexible operations.
Property Size3,000 SF
Days on Market132
Property Features for 500 Cherry Lane
General Information
Standard status
Pending
Size
3,000 SF
Property subtype
General Commercial
Zoning
Airport Development zone
Additional Details
Outdoor Storage
Yes
Drive-In Doors
5
Taxes and HOA fees
Annual Taxes
$22,543
Amenities
None, Central Air
3
Vinyl, Concrete, Carpet
Metal
Parking.
Gravel, Other Parking.
Level
5.04
Railroad, Ground Level Unit, Level.
Building Details
Year Built
2019
Stories
2
Listing Agency:
RE/MAX Key Properties
(541) 480-5756
Listed By:
Dan Steelhammer
(541) 480-5756
Source:
Xome
Added: Apr 1
Changed: Aug 8
Last Checked: Aug 10 at 2:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Key Properties
Investment Insights
Based on property information with market context.
Modern industrial/ag buildings totaling 16,400 square feet with multiple offices, a conference room, reception area, and two +/- 4,800 square foot industrial suites. The property also includes some second-floor semi-finished storage areas. Five large grade-level roll-up doors support loading and distribution needs.
In the Airport Development zone, the site allows many agricultural and industrial uses. The owner currently leases adjacent property from the City of Madras for rail spur access and additional yard area, and a new owner can negotiate a similar lease with the City if desired.
Additional improvements include a large outdoor storage building described as no-heat with plastic skin metal frame and concrete bunks. The buildings were formerly a fertilizer distribution center, and the property is positioned for a range of continued uses going forward.
In the Airport Development zone, the site allows many agricultural and industrial uses. The owner currently leases adjacent property from the City of Madras for rail spur access and additional yard area, and a new owner can negotiate a similar lease with the City if desired.
Additional improvements include a large outdoor storage building described as no-heat with plastic skin metal frame and concrete bunks. The buildings were formerly a fertilizer distribution center, and the property is positioned for a range of continued uses going forward.
Key Highlights
- 16,400 SF industrial building with multiple offices, conference room, and reception plus two +/- 4,800 SF industrial suites
- Five large grade‑level roll‑up doors for loading and flexible operations
- Year built 2019 with central air cooling and heating system (3)
Property Analytics
Property Profile
Current Use
Lease Details
5
Drive-in doors
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97741, OR
13,753
Population
4,777
Households
2.9
Avg Household Size
39
Median Age
21%
College-Educated
86%
High-School Grad
363.9 sq mi
ZIP Area
38
Density / Sq Mi
$69,696
Median Household Income
$37,641
Median Earnings
$993
Median Rent
$308,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Modern warehouse with office space, multiple industrial suites, and five large grade-level roll-up doors for flexible operations.
Where is this flex space located?
The property is located at 500 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 industrial building with multiple offices, conference room, and reception plus two +/- 4,800 SF industrial suites; Five large grade‑level roll‑up doors for loading and flexible operations; Year built 2019 with central air cooling and heating system (3)
