Technical
Financial
Distress signals
Property profile

2061 Andrews Dr Madras, OR 97741

OFF-MARKET
Commercial real estate
Property ID
US71-1086397
5,980 SF 0.55 ac lot Built 2005
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Total area 5,980 SF
Lot 0.55 ac (23,958 SF)
Zoning code I
APN 101326-D0-00800
UPID US71-1086397

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Bar & Pub
  • Take-out & Catering

Location

2061 Andrews Dr Madras, OR 97741-1590
Madras metro Census 960100
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$755k
Blend (final) Blend
$485k

Owner & transaction history

Zoning & alternative use

I · Madras, OR
Zoning description

The purpose of the Industrial Zone is to fulfill the industrial and economic development policies of the Madras Comprehensive Plan and support a diverse economy in a business friendly environment

General category INDUSTRIAL

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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