Central Oregon Homes, Land & Acreage for Sale

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

$1,150,000

Property Type: Land Lot Size (sq. ft.): 290,545 Status: Active

Current Price: $1,150,000 List Date: 10/07/2026 Last Modified: 10/07/2026

Overview

Description

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.

Listing Details MLS# 220229684

General Property Information

Property Sub Type: Commercial
Elementary School: Madras Elementary
Middle Or Junior School: Jefferson County Middle
High School: Madras High
Zoning: C1
Tax Annual Amount: 14935
Tax Year: 2025
Irrigation Water Rights YN: No
CC&R's YN: No
Association YN: No
Senior Community YN: No
Preferred Escrow Company & Officer: Nicole McGraw- Western Title & Escrow
FIRPTA YN: No
Sign On Property YN: Yes
Garage YN: No

Property Features

Current Use: Commercial Fencing: None Flood: N/A Lot Features: Native Plants; Sloped Road Surface Type: Gravel; Paved Soil Type: Loam View: Territorial Power Production: None Sewer: None Utilities: Electricity Available Utilities Location: At Street Water Source: None Documents on File: Aerial Photos; Plat Maps Listing Terms: Cash Special Listing Conditions: Standard

Location Tax and Legal

Street Dir Prefix: NE
Street Name: Hwy 97 TL 400-404
County: Jefferson
State: OR
Postal Code: 97741
Subdivision Name: N/A

Contract Information

Original List Price: 1150000
List Price per Acre: 172413.79
Listing Contract Date: 2026-10-07

Remarks and Miscellaneous

Public Remarks: 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.

Status Change Information

Status Change Timestamp: 2026-10-07

More Information

Listing Office: Scout Realty LLC

Last Updated: October - 07 - 2026

Information deemed reliable but not guaranteed.