Property profile

681 Hwy 97 Madras, OR 97741

OFF-MARKET
Commercial real estate
Property ID
US71-1041377
12,004 SF 4.2 ac lot Built 1966
Individually Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1966
Total area 12,004 SF
Lot 4.2 ac (182,952 SF)
Zoning code C1
APN 111301-BC-00900
UPID US71-1041377

Cap rate & NOI

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

Location

681 Hwy 97 Madras, OR 97741-1942
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
$1.28M
Blend (final) Blend
$485k

Owner & transaction history

since 2013
1 recorded transaction
2013
$500,000

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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