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    Property profile & analytics

    14 5Th St Madras, OR 97741

    • Commercial land
    • 1.36 lot acres
    For Sale
    View listing
    $1,250,000
    Value Estimation
    Location Intelligence
    Property ID
    US71-0301014
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 14 5Th St

    Lot size
    1.36 lot acres
    Zone code
    C2
    Property type
    Commercial land
    APN
    111302-DD-01700
    APU
    111302DD01700

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madras
    County
    Jefferson
    State
    Oregon
    Longitude
    -121.13
    Latitude
    44.6365

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,659
    $0.00
    $0.00
    $331,886
    -
    $450,160
    $0.00
    $450,160

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    14 5Th St
    Madras, OR 97741
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    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
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