Financial
Distress signals
Property profile

985 Madras Hwy Prineville, OR 97754

OFF-MARKET
Other commercial real estate
Property ID
US71-1125967
1.3 ac lot Built 1990
Last sale Jan 2025 · $970,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. 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 consists of a 5,698-square-foot industrial building and 49 self-storage units situated on 1.30 acres in Prineville. It is zoned C-2. The industrial building was configured for an auto/truck repair use and is set up with a customer lobby area featuring a built-in customer counter, an office, a restroom, and a large storage area. The shop area includes three roll-up doors, 3-phase 200-amp electrical service, air hoses, and built-in vehicle lifts, and the building has been left vacant. The site includes self-storage facilities totaling 49 units.

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?
$7k
Tax billed · 2023
Assessed value$444k
Effective rate1.60%

Value estimate

· Sep 2026
$340k
$306k – $374k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$191/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$127 – $279

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?
C2; GENERAL COMMERCIAL
JurisdictionCROOK

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.2
Electrical Service9.8
HVAC Service9.2

Location

985 Madras Hwy Prineville, OR 97754-1412
County assessor Recorded deeds · 2 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
1851 3rd, Prineville, OR 97754-8106 $1,106,000 Jan 2026 4,306 SF
493 Deer, Prineville, OR 97754-1705 $350,000 Jul 2025 No data
180 2nd, Prineville, OR 97754-1808 $1,049,000 May 2025 3,248 SF
1565 3rd St Ste, Prineville, OR 97754-2909 $1,155,000 Jan 2025 4,800 SF
2321 3rd St, Prineville, OR 97754-8105 $1,075,000 Oct 2024 No data
4643 Airport, Prineville, OR 97754-7633 $110,000 Oct 2024 No data
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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