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    Property profile & analytics

    3989 Hwy 97 Madras, OR 97741

    • Commercial land
    • 0.01 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-1118370
    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 3989 Hwy 97

    Lot size
    0.01 lot acres
    Zone code
    A-1
    Property type
    Commercial land
    APN
    111327-00-01601S1
    APU
    1113270001601S1

    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
    -121.134
    Latitude
    44.6354

    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
    $821
    $0.00
    $0.00
    $51,500
    -
    $57,500
    $0.00
    $57,500

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      Madras, OR 97741

      VACANT COMMERCIAL LAND • 0.23 Acres
      Madras, OR 97741
      View Details
    • Value Estimation by Request
      0.11 Acres

      Madras, OR 97741

      VACANT COMMERCIAL LAND • 0.11 Acres
      Madras, OR 97741
      View Details
    • Value Estimation by Request
      0.29 Acres

      Madras, OR 97741

      VACANT COMMERCIAL LAND • 0.29 Acres
      Madras, OR 97741
      View Details
    • Value Estimation by Request
      0.09 Acres

      Madras, OR 97741

      VACANT COMMERCIAL LAND • 0.09 Acres
      Madras, OR 97741
      View Details
    • Value Estimation by Request
      0.11 Acres

      Madras, OR 97741

      VACANT COMMERCIAL LAND • 0.11 Acres
      Madras, OR 97741
      View Details
    • Value Estimation by Request
      0.11 Acres

      Madras, OR 97741

      VACANT COMMERCIAL LAND • 0.11 Acres
      Madras, OR 97741
      View Details

    Similar Nearby for Sale

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      Commercial lot near Safeway with easy access and high visibility.
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      Commercial property near Safeway with easy access and high visibility.
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      2.29 acres with Highway 97 frontage and access.
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    • $415,000
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      Commercial Land on Highway 97

      4.45 acres of commercial land with high visibility.
      1865 SW Chevrolet Dr, Madras, OR 97741
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    • $249,000
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      Madras, Oregon Commercial Land

      1.04-acre commercial lot ideal for retail or office.
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    Similar Nearby for Lease

    • $10 SF/Yr
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      Modern Madras Warehouse For Lease

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    • Contact for pricing

      Metolius Office

      Office Space
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    • $10 SF/Yr
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      Eagle Ridge Business Park Units

      Madras, OR Industrial Space Available
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    • $0.29 SF/Yr
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      Industrial Space in Madras Park

      13,200 SF industrial space with overhead doors for lease.
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    • $12 SF/Yr
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      Madras Retail Space Available

      High-traffic retail space, Oregon.
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    • Contact for pricing
      2,500 SF

      Retail Space in Madras, Oregon

      Retail space available for lease in Madras, Oregon.
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    3989 Hwy 97
    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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