Iraida B. Hermann, MBA

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Listing provided courtesy of eXp Realty, LLC- MLS# 220138701MLS ProviderContact Information: 503-915-8271

00504 Hwy 97 and 26 (South Madras)Madras, OR 97741

Vacant Land · 1.15 Acres
$299,000 Active

00504 Hwy 97 and 26 (South Madras) Overview

Time on Site:
1194 days
Visits:
3

Awesome Commercial Investment Opportunity!! Located on HWY 97 and 26, between the Dollar General and Abby's Pizza, and across the street from the Dollar Tree and in The Madras Urban Renewal Zone. This property presents an array of options for any Entrepreneur or Investor. Retail, professional. Restaurant, Single or Multi-Tenant project or '? Property access is off of Brush ln. Contact City of Madras and DOT concerning access off of HWY 97 and 26.

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00504 Hwy 97 and 26 (South Madras) Facts & Features

  • Type Vacant Land
  • Lot 1.15 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Buff Elementary
  • Middle Or Junior School: Jefferson County Middle
  • High School: Madras High

Business Information

  • Current Use: Commercial,Vacant

Location/Region

  • County Or Parish: Jefferson
  • Subdivision Name: Madras

Tax Information

  • Tax Annual Amount: 2806.57
  • Tax Year: 2021

General Information

  • Listing Terms: Cash
  • Parcel Number: 21005
  • Property Sub Type: Commercial
  • Property Type: Land
  • Senior Community: false
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Additional Parcels: false
  • Irrigation Water Rights: false
  • Lot Features: Level
  • Lot Size Acres: 1.15
  • Lot Size Area: 1.15
  • Lot Size Square Feet: 50094.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: Territorial

General Information

  • Fencing: None
  • Road Frontage Type: Shared Access
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Phone Available

00504 Hwy 97 and 26 (South Madras) Neighborhood

Community

97741 (Madras) Demographics

40
Median Age
36
Population Density (per sq. mile)
32%
College Educated
$52,400
Estimated Median Income
2,586
Estimated Total Home Owners
1,844
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

00504 Hwy 97 and 26 (South Madras) Monthly Cost

$
$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

00504 Hwy 97 and 26 (South Madras) Market Data

Based on the last 30 days in this zip code

$464,993
Average List Price
$257
Average Price per Square Foot
19
Properties Sold
114
Average Days on Market
175
Properties for Sale
Calculations provided by Reliance Network

00504 Hwy 97 and 26 (South Madras) History

Date Event Value Agent
3/12/2025Source: Oregon Datashare Status Change
Active
1/24/2025Source: Oregon Datashare Status Change
Pending