Property profile

1023 Madras Hwy Prineville, OR 97754

OFF-MARKET
Commercial real estate
Property ID
US71-1135764
4,000 SF 1.25 ac lot Built 2003
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2003
Total area 4,000 SF
Lot 1.25 ac (54,450 SF)
Zoning code C2; GENERAL COMMERCIAL
APN 1415360003000
UPID US71-1135764

Cap rate & NOI

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

Location

1023 Madras Hwy Prineville, OR 97754-1416
Prineville metro Census 950200 PRINEVILLE, OR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$710k
CAP Approach CAP
$870k
Comparable Approach Comparable
$700k
Blend (final) Blend
$710k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2024
$710,000
2023
Price N/A
2018
Price N/A

Zoning & alternative use

C2; GENERAL COMMERCIAL · Prineville, OR

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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