Property profile

275 5Th St Madras, OR 97741

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

275 5Th St Madras, OR 97741
Madras metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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