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Property profile & analytics
OFF-MARKET Estimated value $225,000
Commercial real estate

41 D St Madras, OR 97741-1351

6,000 SF 0.14 ac lot Built 1948
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US71-1058407
Property summary
AI-generated overview

This exceptional 6,000 square foot commercial property in Madras, Oregon, is ideally situated near the intersection of Highway 97 and Culver Highway, ensuring high visibility and foot traffic. The building, renovated in 2022, offers a blend of retail and office space, currently configured as a multi-tenant building. The property features a single-story design, providing easy accessibility. One available space of 1,500 square feet is currently available for lease, perfect for a variety of businesses. Its prime location makes it an excellent opportunity for businesses seeking high exposure and convenient access for customers. The property's recent renovation ensures modern amenities and a well-maintained structure. The address is 41 SW D St, Madras, OR 97741. This property is classified as both traditional office and medical office space, offering versatility for potential tenants. The building's strategic location near major roadways provides exceptional access and visibility, making it a highly desirable commercial space. Interested parties are encouraged to inquire about lease terms and availability.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1948
Total area 6,000 SF
Lot 0.14 ac (6,098 SF)
Zoning code C2
APN 111311-AA-08500
UPID US71-1058407
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$516k
Blend (final) Blend
$225k
Owner & transaction history
Alan Paviz · 7 yrs held
Alan Paviz
since 2018
4 recorded transactions
2022
Price N/A
2018
$130,000
2017
Price N/A
2013
$118,000
Zoning & alternative use
C2 · Madras, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of the C2 district is to provide areas for the Eating and drinking establishments, Entertainment uses, Governmental uses, Retail trade and services, Office uses

Zone name Downtown Commercial
General category CIVIC_INSTITUTIONAL
Zone area 80.90 ac
Source Realmo
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