Listed by: E Lamar Yoder · eXp Realty, LLC
- — beds
- 0 baths
- — sqft
510 SW Colfax Lane, Madras, OR 97741
- Single familyHome type
- Built in 1975Year built
- 16.43 acresLot
- NoneHOA
About this home
ATTENTION INVESTORS! 16.43 Ac of MUE with amazing location at the corner of Colfax and US 97 and hwy 26 with an average daily vehicle count of over 17,000. Annexed into the city of Madras and sewer main near the property line, This property is a huge opportunity. Property zoning MUE allows Large retail complex or Travel Center, or Hotel or light manufacturing or vehicle dealership or ? Total of 3,465sq.ft. and includes the following: 2,217sq.ft. house (5 bed 3 bath with mother in-law quarters), and 1,248sq.ft. Shop. Call your agent for the backup package and showing. Property is currently being used for residential. Main Zoning is MUE. Seller also has package deal available see listing 1820 US-97
Facts & features
Interior
- Bathrooms
- 0
- Levels
- One
Features
- Laminate Counters
Heating & cooling
- Forced Air
- Natural Gas
- Central Air
Flooring
- Hardwood
- Tile
- Vinyl
Property
- Lot size
- 16.43 acres
View
- Territorial
Parking
- Driveway
- Gated
- Gravel
- RV Access/Parking
Construction
- Home type
- Single family
- Property type
- Commercial Sale
- Year built
- 1975
Materials
- Frame
- Composition roof
- Metal roof
Utilities
Sewer & water
- Septic Tank
- Standard Leach Field
- Public water
- Water Meter water
Community & HOA
- HOA dues
- None
- County
- Jefferson
Financial & listing details
- List price
- $2,800,000
- Annual property tax
- $3,359
- Date on market
- Apr 18, 2025
- Days on market
- 533
- MLS#
- 220199895
Price & status history
| Date | Event | Price |
|---|---|---|
| Apr 18, 2025 | Listed for sale | $2,800,000 |
Neighborhood
- CityMadras, OR 97741
- CountyJefferson
Payment calculator
Estimated monthly payment
$15,021/mo
- Principal & interest$14,158
- Property taxes$280
- Homeowners insurance$583
- HOA dues$0
Loan amount $2,240,000 · 30-year fixed at 6.5%
An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.
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Listing provided by eXp Realty, LLC · Listing agent: E Lamar Yoder
- Source
- MLS of Central Oregon
- MLS#
- 220199895
- Last updated
- Jul 14, 2025 at 12:22 PM
Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.