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Listing provided courtesy of Coldwell Banker Sun Country- MLS# 24630292MLS Provider

Hwy 97Madras, OR 97741

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

Hwy 97 Overview

Time on Site:
738 days
Visits:
2

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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Hwy 97 Facts & Features

  • Type Vacant Land
  • Lot 6.67 Acres

Details

General

School Information

  • Middle Or Junior School: Jefferson Co

Business Information

  • Current Use: RawLand

Location/Region

  • Country: US
  • County Or Parish: Jefferson
  • MLS Area Major: 340 - Jefferson County

Tax Information

  • Tax Annual Amount: 20777.3
  • Tax Year: 2023

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 11241
  • Property Sub Type: Industrial
  • Property Type: Land
  • Zoning: C-1

Interior

Exterior

Lot Information

  • Lot Size Acres: 6.67
  • Lot Size Square Feet: 290545.0
  • Road Surface Type: Other,Paved

General Information

  • Other Structures: None
  • Utilities: ElectricityAvailable

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.

Hwy 97 Monthly Cost

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$ %
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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.

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
3
Properties Sold
114
Average Days on Market
175
Properties for Sale
Calculations provided by Reliance Network

Hwy 97 History

Date Event Value Agent
1/30/2026Source: Regional MLS Price Reduction
$1,249,900 -7.4%
6/4/2025Source: Regional MLS Price Reduction
$1,350,000 -6.9%
6/21/2024Source: Regional MLS Added to Database
June 21, 2024