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Photo 1 of 15 — 00504 SW US HWY 97, Madras, OR 97741
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00504 SW US HWY 97, Madras, OR 97741

Jefferson County

Key Facts

1.15Lot (acres)

Description

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. This property presents an array of options for any Entrepreneur or Investor. Retail, Professional, Resturant, 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.

Property Information

Property Type

Land

Sub-Type

Mixed Use

Lot Size

1.15 acres

Zoning

CMSC

Days on Market

889

MLS® Listing#

23386296

Property Features

Cooling

None

Heating

None

Lot Features

LevelCleared

Other Structures

None

Utilities

Underground Utilities

Schools

Elementary:
Madras
Middle:
Jefferson Co
High:
Madras

Financial Details

HOA

None

Annual Taxes

$2,975

Tax year 2023

Parcel Number

21005

Directions

HWY 97 / 26 Directly North of Dollar General and across the street from Dollar Tree

Affordability Calculator

$59,800

Estimated monthly payment

$1,591/mo

Principal $239,200 · Est. interest $333,705 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Madras, OR

$442,857
Median Listing Price
93
Median Days on Market
1,687
Median Sq Ft
$253
Median Price / Sq Ft
118
Active Listings
  • This home’s price is 32% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Madras, OR.

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
Hwy 97 TL401, Madras, OR$225,000
729 SE Grizzly Road, Madras, OR$225,00021574
15 NE 7th Street, Madras, OR$235,0001,000
702 NE Highway 97 Highway, Madras, OR$248,000
702 NE Hwy 97, Madras, OR$248,000
0 SE J Street Parcel 2, Madras, OR$249,000

Moving Cost Estimate

RMLS Oregon logo

Listing Courtesy: eXp Realty, LLC - 503-915-8271

Presented by: E. Lamar Yoder

The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than EXIT Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data last updated as of date above. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some of these listings contain enhanced listing information including city, state, zip, and county from sources such as MSA data and USPS. Listing content is Copyright ©2026 RMLS of Portland, Oregon. All Rights Reserved.

Last Updated: 2023-10-16

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by PortlandOR. MLS® Listing#23386296. © 2026EXIT Realty®. All rights reserved.