Listed by: Mackenzie Anne Licea · Scout Realty LLC

$1,150,000
  • 6.67 acres

NE Hwy 97 TL 400-404, Madras, OR 97741

Est. $7,060/moPayment calculator
  • CommercialHome type
  • 6.67 acresLot
  • NoneHOA

About this home

  • Listed Oct 7, 2026
  • 0 days on market
  • 8 photos

Rare opportunity to acquire over 6.5 acres of prime commercial land with city-approved plans for a storage unit development already in place. Comprised of five separate parcels, the property offers flexibility to utilize the parcels collectively or individually depending on your development goals. Zoned C-1, the property allows for a variety of commercial uses, including retail, restaurants, professional offices, public uses, and more. With substantial acreage, flexible parcel configuration, and development approvals already secured, this property offers exceptional potential for investors, developers, or owner-users.

Facts & features

Property

Lot size
6.67 acres
Subdivision
N/A

View

  • Territorial

Construction

Home type
Commercial
Property type
Land

Utilities

Sewer & water

  • None
  • None water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Jefferson

Financial & listing details

List price
$1,150,000
Annual property tax
$14,935
Date on market
Oct 7, 2026
Days on market
0
MLS#
220229684

Price & status history

DateEventPrice
Oct 7, 2026Listed for sale$1,150,000

Neighborhood

  • SubdivisionN/A
  • CityMadras, OR 97741
  • CountyJefferson

Payment calculator

Estimated monthly payment

$7,060/mo

  • Principal & interest$5,815
  • Property taxes$1,245
  • Homeowners insurance$0
  • HOA dues$0

Loan amount $920,000 · 30-year fixed at 6.5%

Down payment
Loan term

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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MLSCO

Listing provided by Scout Realty LLC · Listing agent: Mackenzie Anne Licea

Source
MLS of Central Oregon
MLS#
220229684
Last updated
Oct 7, 2026 at 12:21 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.