Financial
Distress signals
Property profile

1435 Hwy 97 Madras, OR 97741

OFF-MARKET
Other commercial real estate
Property ID
US71-1074434
15,624 SF 2.62 ac lot Built 1982
Last sale Oct 2025 · $1,875,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a shopping center featuring a single building with more than 14,000 square feet under roof on a 3.3-acre site. The interior space is predominantly open, supporting a range of commercial layout configurations. A paved parking area is provided for vehicle access and on-site parking. The center is located at 1435 SW HWY 97 in Madras, Oregon, near the southern end of the city.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$918k
Effective rate2.01%

Value estimate

· Sep 2026
$1.27M
$1.14M – $1.40M
Submarket $/SF estimate$1.94M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$114/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$58 – $195

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MUE
The purpose of the Mixed-Use Employment Zone is to provide land for the development of a variety of employment uses, including business a...
General categoryMIXED_USE
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.1
Law Firm11.4
HVAC Service10.8

Location

1435 Hwy 97 Madras, OR 97741-9230
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
171 C, Madras, OR 97741-1458 $760,000 Jun 2025 5,360 SF
1225 Hwy 97, Madras, OR 97741-9081 $525,000 Mar 2025 13,912 SF
414 Hwy 26, Madras, OR 97741-1903 $1,700,000 Jan 2025 9,253 SF
Madras, OR 97741 $92,500 Oct 2024 5,050 SF
651 Hwy 26, Madras, OR 97741-9425 $3,990,000 Oct 2022 43,481 SF
1589 Hwy 26, Madras, OR 97741-9503 $50,000 Sep 2022 12,780 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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