Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    14 5Th St Madras, OR 97741

    Sponsored
    For Sale
    $1,250,000

    High-traffic corner lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.36-acre commercial land parcel, located at 14 NW 5th Street in Madras, Oregon, presents a unique investment opportunity. Situated on a high-traffic corner, this property boasts over 20,000 vehicles passing daily, ensuring maximum visibility and accessibility for any business. The C2 zoning allows for a wide variety of commercial uses, including restaurants, retail stores, and convenience shops. Its prime location in Madras, a vibrant city with a welcoming business environment, offers easy access to major retailers, banks, schools, and government agencies. The property features a level topography, multiple access points, and readily available utilities and services, simplifying development. This location is situated on Oregon's second busiest north-south highway, attracting both local residents and tourists. The asking price is $1,250,000. This is an exceptional opportunity to establish a thriving business in a high-demand area. The property is owned by the Opportunity Foundation of Central Oregon. Don't miss this chance to secure a prominent position in the heart of Madras' commercial district. The property's strategic location and versatile zoning make it an ideal investment for both established businesses and new ventures seeking a high-visibility presence.

    Property Features for 14 5Th St

    General Information

    Property type
    Land
    Lot Size
    59,242 SF

    HighLights

    • $1,250,000 asking price.
    • 1.36‑acre commercial land parcel.
    • C2 zoning.
    • High‑traffic corner location in Madras, Oregon, on a major highway.
    • Broker co‑op available.
    • Owned by Opportunity Foundation of Central Oregon.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -121.1301051
    Latitude
    44.6364733

    Nearby Comparable

    • $999,000
      0.34 Acres

      Retail Building on Highway 97

      Retail building with excellent exposure on 5th Street.
      178 SW 5Th St, Madras, OR 97741
      View Details
    • New
      $2,400,000
      1.22 Acres

      Central Oregon Commercial Property For Sale

      Turn-key gas station, convenience store, and pub opportunity.
      268 N 5Th St, Madras, OR 97741
      View Details
    • $109,999
      0.23 Acres

      Commercial Lot in North Madras

      10,000 sq ft lot suitable for various commercial uses.
      2200 NW Poplar St, Madras, OR 97741
      View Details
    • $375,000
      2.29 Acres

      Prime Commercial Lot in Madras

      2.29 acres with Highway 97 frontage and access.
      401 NE 6Th St, Madras, OR 97741
      View Details
    • $379,000
      2,344 SF

      Madras Commercial Property - Huge Potential

      Prime Madras location, versatile commercial space.
      270 Madison St, Madras, OR 97741
      View Details
    • $349,000
      0.20 Acres

      Detached Duplex with Income Potential

      Unique duplex in Madras, OR, ideal for investment or living.
      397 SE 6Th St, Madras, OR 97741
      View Details
    • New
      $599,000
      0.30 Acres

      Well-Maintained Duplex with Sunset Views

      Investment opportunity: duplex with mountain views, updated finishes, fenced yard.
      76 SE Hoff Ln, Madras, OR 97741
      View Details
    • $248,000
      0.92 Acres

      Commercial Lot in North Madras

      Commercial lot near Safeway with easy access and high visibility.
      702 Highway 97 NE, Madras, OR 97741
      View Details
    • $225,000
      1.40 Acres

      Prime Commercial Land, Madras, Oregon

      1.4 acre commercial parcel with development potential off Highway 97.
      Highway 97, Madras, OR 97741
      View Details
    • $1,350,000
      6.67 Acres

      Prime Commercial Land Opportunity

      6.5+ acres of commercial land with development approval.
      97 Tbd Hwy, Madras, OR 97741
      View Details

    Nearby Similar for Sale

    • $1,100,000
      2,996 SF

      Pivot-Irrigated Farm with Mountain Views

      35-acre farm with updated home and outbuildings near town.
      547 SW Bear Dr, Madras, OR 97741
      View Details
    • New
      $599,000
      0.30 Acres

      Well-Maintained Duplex with Sunset Views

      Investment opportunity: duplex with mountain views, updated finishes, fenced yard.
      76 SE Hoff Ln, Madras, OR 97741
      View Details
    • New
      $2,400,000
      1.22 Acres

      Central Oregon Commercial Property For Sale

      Turn-key gas station, convenience store, and pub opportunity.
      268 N 5Th St, Madras, OR 97741
      View Details
    • $1,890,000
      2,477 SF

      Productive Farm with Water Rights

      198-acre farm with water rights, updated home, and mountain views.
      1774 W Ashwood Ln, Madras, OR 97741
      View Details
    • $349,000
      0.20 Acres

      Detached Duplex with Income Potential

      Unique duplex in Madras, OR, ideal for investment or living.
      397 SE 6Th St, Madras, OR 97741
      View Details
    • New
      $5,200,000
      3.00 Acres

      Turnkey Madras Self-Storage Investment

      3-acre self-storage facility with 290 units in Madras, Oregon.
      1451 SW Olive St, Madras, OR 97741
      View Details
    • $999,000
      0.34 Acres

      Retail Building on Highway 97

      Retail building with excellent exposure on 5th Street.
      178 SW 5Th St, Madras, OR 97741
      View Details
    • $375,000
      0.48 Acres

      Highway 97 Retail Opportunity

      Retail or shop space on Highway 97 in Madras.
      84 SW K St, Madras, OR 97741
      View Details
    • $875,000
      1.19 Acres

      Highway Frontage Investment Opportunity

      Remodeled showroom and warehouse with highway frontage and MUE zoning.
      1810 Us-97, Madras, OR 97741
      View Details
    • $379,000
      2,344 SF

      Madras Commercial Property - Huge Potential

      Prime Madras location, versatile commercial space.
      270 Madison St, Madras, OR 97741
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic corner lot, prime location.
    Where is this land located?
    The property is located at 14 5Th St Madras, OR.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: $1,250,000 asking price.; 1.36-acre commercial land parcel.; C2 zoning.
    Request Owner's contact information
    14 5Th St Madras, OR 97741
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14 5Th St
    Madras, OR 97741
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    14 5Th St Madras, OR 97741
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.