SW Fairgrounds Rd, Lot 00200, Madras, OR 97741

$350,000
Property Type: Land Lot Size (sq. ft.): 109,336 Status: Active
Current Price: $350,000 List Date: 8/21/2025 Last Modified: 12/05/2025

Overview

Description

Prime Development Opportunity - 2.5 Acres Zoned R1. This is a rare opportunity to acquire 2.5 acres of flat, build-ready land in an exceptional location—directly across from the Jefferson County Fairgrounds. Zoned R1, this property has the potential to be subdivided into as many as 20 single family lots (buyer to verify with the City of Madras). Sewer has already been installed throughout the property, offering a major head start for development. Whether you're looking to build a subdivision of single-family or multi-family homes—or explore other possibilities. RV park potential exists, given the property's proximity to the fairgrounds & ideal layout for accommodating seasonal activity. This is an investment worth serious consideration. Please consult with the City of Madras for specific zoning and use requirements. Two conceptual Subdivision plans exist, ask for copies to review different development approaches. Growing demand and location offering direct access to everything!

Listing Details MLS# 220208077

General Property Information

Property Sub Type
Residential Lots
Elementary School
Madras Elementary
Middle Or Junior School
Jefferson County Middle
High School
Madras High
Zoning
R1
Tax Annual Amount
1145.68
Tax Year
2024
Potential Tax Liability YN
No
Assessment YN
No
Irrigation Water Rights YN
No
CC&R's YN
No
Association YN
No
Senior Community YN
No
Preferred Escrow Company & Officer
Amerititle Madras
FIRPTA YN
No
Sign On Property YN
Yes
Garage YN
No

Property Features

Acreage Details: Dividable Property Current Use: Pasture; Vacant Easements: Access Fencing: Barbed Wire Flood: Unknown Irrigation Source: None Lot Features: Level; Sloped Restrictions: Subject to Zoning Road Frontage Type: Shared Access Road Surface Type: Paved Soil Type: Loam; Sand View: Territorial Power Production: Hydro Sewer: Public Sewer Utilities: Cable Available; Electricity Available; Fiber Optics Available; Natural Gas Available; Phone Available Utilities Location: At Street Water Source: Public Documents on File: Plat Maps; Survey Listing Terms: Cash; Private Financing Available Special Listing Conditions: Standard

Location Tax and Legal

Street Name
SW Fairgrounds Rd
County
Jefferson
State
OR
Postal Code
97741
Subdivision Name
Madras

Contract Information

Original List Price
350000
List Price per Acre
139442.23
Listing Contract Date
2025-07-30

Remarks and Miscellaneous

Public Remarks
Prime Development Opportunity - 2.5 Acres Zoned R1. This is a rare opportunity to acquire 2.5 acres of flat, build-ready land in an exceptional location—directly across from the Jefferson County Fairgrounds. Zoned R1, this property has the potential to be subdivided into as many as 20 single family lots (buyer to verify with the City of Madras). Sewer has already been installed throughout the property, offering a major head start for development. Whether you're looking to build a subdivision of single-family or multi-family homes—or explore other possibilities. RV park potential exists, given the property's proximity to the fairgrounds & ideal layout for accommodating seasonal activity. This is an investment worth serious consideration. Please consult with the City of Madras for specific zoning and use requirements. Two conceptual Subdivision plans exist, ask for copies to review different development approaches. Growing demand and location offering direct access to everything!
Directions
Located directly South of 541 SW Fairgrounds Rd., Madras, OR 97741

Status Change Information

Status Change Timestamp
2025-08-21

More Information

Listing Office: eXp Realty, LLC
Last Updated: December - 05 - 2025
Broker Attribution: 503-915-8271
Information deemed reliable but not guaranteed.
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