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    35 Cherry Ln Madras, OR 97741

    Sponsored
    For Lease
    $10 SF/Yr ($10,200 /Mo)

    Madras, OR Industrial Space Available

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A industrial property, Eagle Ridge Business Park Phase 2, offers 12,000 square feet of versatile space in Madras, Oregon. Located at 35 NW Cherry Ln, 97741, this new construction (2024 completion) boasts three suites, with a minimum divisible space of 2,550 square feet and up to 12,000 contiguous square feet. The property features two buildings, each single-story, situated on 3.3 acres of land with 250 feet of frontage along US Hwy 26. Enjoy excellent visibility and convenient access. Each unit includes two loading docks with dock-high doors (12' x 14'), ample parking (20 spaces), and additional outside storage with roll-up doors. Inside, find small office spaces and ADA-compliant restrooms. The building is fully fire-sprinkled and serviced by Pacific Power and natural gas. This prime location is adjacent to the Madras Industrial Park, home to major companies like Bright Wood Corporation, Erickson Aero Tanker Base, Daimler Trucks North America, and Foster Manufacturing. The property is zoned for industrial use and falls within the Bend, Redmond, Prineville, Culver submarket of Central Oregon. This is an unparalleled opportunity for businesses seeking modern, efficient, and strategically located industrial space.

    Property Features for 35 Cherry Ln

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF
    Class
    A
    Total Rate
    10200

    Building Details

    Year Built
    2024
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Unit #107
    Size
    4,800 SF
    Rate per SF
    $11
    Space
    Unit #108
    Size
    2,550 SF
    Rate per SF
    $11
    Space
    Unit #109
    Size
    4,700 SF
    Rate per SF
    $11

    HighLights

    • New construction in Eagle Ridge Business Park Phase 2, Madras, located on US Hwy 26.
    • Fully fire‑sprinklered building.
    • Two loading docks and drive‑through options available.
    • 12' wide and 14' high roll‑up doors.
    • Easy highway access via left‑turn lane from Hwy 26.
    • Natural gas and Pacific Power utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Realty agency Restaurant Building Supply Wholesale Shop Gym & Fitness Hotel & Motel Department Store Auto Repair Shop Bar & Pub Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Madras
    County
    Jefferson
    State
    Oregon
    Longitude
    -121.1355941268
    Latitude
    44.664141974571

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    Nearby Similar for Lease

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      Madras Retail Space Available

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    FAQs

    What type of property is this?
    Life science property - Madras, OR Industrial Space Available
    Where is this life science property located?
    The property is located at 35 Cherry Ln Madras, OR.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: New construction in Eagle Ridge Business Park Phase 2, Madras, located on US Hwy 26.; Fully fire-sprinklered building.; Two loading docks and drive-through options available.
    Request Owner's contact information
    35 Cherry Ln 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
    35 Cherry Ln Madras, OR 97741
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