Iraida B. Hermann, MBA

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Listing provided courtesy of Scout Realty LLC- MLS# 220185045MLS Provider

TBD Hwy 97Madras, OR 97741

Vacant Land · 6.67 Acres
$1,249,900 Active

TBD Hwy 97 Overview

Time on Site:
738 days
Visits:
5

Rare opportunity with over 6.5 acres of prime commercial land, with complete plans and approval from the city for a storage unit development. Comprised of 5 parcels that can be utilized collectively or individually, this property offers endless potential. This property is zoned C-1, permitted uses are retail, restaurant, offices or public use.

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TBD Hwy 97 Facts & Features

  • Type Vacant Land
  • Lot 6.67 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Check with District
  • Middle Or Junior School: Check with District
  • High School: Check with District

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Jefferson
  • Subdivision Name: N/A

Tax Information

  • Tax Annual Amount: 20777.3
  • Tax Year: 2023

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 11241
  • 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 Description: TL400 1.39a TL401 Par# 13507 1.40a TL402 Par#13508 1.9a TL403 Par#17972 .99a TL404 Par# 17979 .99a
  • Additional Parcels: true
  • Irrigation Source: None
  • Irrigation Water Rights: false
  • Lot Features: Corner Lot
  • Lot Size Acres: 6.67
  • Lot Size Area: 6.67
  • Lot Size Square Feet: 290545.2
  • Lot Size Units: Acres
  • Road Surface Type: Paved,Other
  • Water Source: None

General Information

  • Fencing: None
  • Sewer: None
  • Utilities: Electricity Available

TBD Hwy 97 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.

TBD Hwy 97 Monthly Cost

$
$ %
%
$
$
* 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.

TBD Hwy 97 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

TBD Hwy 97 History

Date Event Value Agent
1/30/2026Source: Oregon Datashare Price Reduction
$1,249,900 -7.4%
6/4/2025Source: Oregon Datashare Price Reduction
$1,350,000 -6.9%