275 5Th St, Madras, OR 97741
This exceptional .5-acre commercial lot in downtown Madras, Oregon, presents a unique opportunity for entrepreneurs. Located at the highly visible corner of Hwy 97 (5th Street) and E Street, this C-2 zoned property boasts an estimated 10,000+ daily car count, ensuring maximum exposure for your business. The lot is flat and graveled, offering convenient access from both streets. Utilities including water and electricity are readily available. While currently occupied by a tenant who will be vacating and removing existing structures, this blank canvas allows for diverse uses, including (but not limited to) coffee stands, fruit stands, small food carts, or retail tents. Please note that car sales and storage containers are prohibited per zoning regulations. Ample parking is available along Hwy 97 and E Street. This prime location in the heart of Madras, Oregon (zip code 97741) offers unparalleled visibility and potential for significant business growth. The address is 275 SW 5th St.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.