Property summary
This exceptional 12.9-acre development opportunity in Madras, Oregon, presents 52 fully approved and engineered residential lots ready for immediate development. The property, comprised of four tax parcels, is strategically located near schools, a regional hospital, retail amenities, major employers, and key transportation arteries. Construction bids are already in place for the initial two phases, encompassing 23 lots. This project benefits from Madras's thriving real estate market,… characterized by robust new home sales in 2023 that exceeded asking prices, and its affordability compared to neighboring Bend and Redmond. The city's proactive government and urban renewal programs offer additional incentives for developers. The subdivision's design incorporates a variety of lot sizes, including desirable view lots in later phases. The asking price of $1,950,000 is for the entire 52-lot development, with the final price per lot contingent upon the chosen purchase schedule. This presents a compelling investment opportunity in a high-demand area with a strong track record of new construction success. The property's proximity to amenities and its well-planned layout make it an attractive proposition for builders and developers seeking a profitable venture in a desirable Central Oregon location. The project is designed for five phases, with each phase containing between 7 and 12 lots. This flexible phase-in approach allows for a tailored development strategy to suit individual investor needs and market conditions. The existing homes in the area are larger and upscale, indicating a strong potential for high-value residential development.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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