Property profile

600 Hwy 97 Madras, OR 97741

OFF-MARKET
Commercial land
Property ID
US71-1106100
15,419 SF 2.66 ac lot Built 1994
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1994
Total area 15,419 SF
Lot 2.66 ac (115,870 SF)
Zoning code C1
APN 111301-BC-00500
UPID US71-1106100

Cap rate & NOI

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

Location

600 Hwy 97 Madras, OR 97741-1931
Madras metro Census 960202
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$890k
Blend (final) Blend
$890k

Owner & transaction history

Zoning & alternative use

C1 · Madras, OR
Zoning description

The purpose of the C1 district is to provide areas for the Eating and drinking establishments, Entertainment uses, Governmental uses, Retail trade and services

General category CIVIC_INSTITUTIONAL

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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