Property profile

35 Cherry Ln Madras, OR 97741

OFF-MARKET
Warehouses
12,000 SF Built 2024
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Property summary

AI-generated overview

This exceptional 12,000-square-foot warehouse, built in 2024, is available for lease in Madras, Oregon. Located at 35 NW Cherry Lane, this single-tenant property sits on a generous 3.24-acre lot and offers significant advantages for businesses seeking efficient and spacious industrial space. The building boasts two dock-high doors and six drive-in doors, ensuring seamless loading and unloading operations. Ample on-site parking is available for employees and visitors. The warehouse is equipped with three-phase power, catering to the needs of various industrial applications. The property is zoned Industrial (I), allowing for a wide range of permitted uses within Jefferson County. The entire 12,000 square feet is currently vacant, providing an immediate opportunity for occupancy. This prime location in Madras, Oregon, offers easy access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics. The property's modern construction and comprehensive features make it a highly desirable space for industrial tenants seeking a functional and well-equipped facility. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this exceptional warehouse.

Property profile

Verified
Property type Warehouses
Year built 2024
Total area 12,000 SF

Cap rate & NOI

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

Location

35 Cherry Ln Madras, OR 97741
Madras metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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