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14 N 5th St - 14 NW 5th St
1.36 Acres of Commercial Land Offered at $1,250,000 in Madras, OR 97741
Investment Highlights
- High traffic commercial corner in Madras
- Approved masterplan allows for two drive-throughs
- Level ground ready for development with utilities in the street
Executive Summary
Property Facts
1 Lot Available
Lot 111302DD01
Price | $1,250,000 | Lot Size | 1.36 AC |
Price Per AC | $919,118 |
Price | $1,250,000 |
Price Per AC | $919,118 |
Lot Size | 1.36 AC |
Prime location with high traffic and visibility in the heart of Madras. This level property has public utilities in the street and is ready for development.
Description
Located at 14 NW 5th Street, this 1.36-acre lot is situated at one of the city's highest traffic intersections. With over 20,000 vehicles passing by each day, this property offers incredible visibility and accessibility for businesses of all kinds. Madras is a vibrant city known for its welcoming culture and business-friendly environment. Situated on Oregon's second most traveled north-south highway, it attracts both locals and visitors alike. Surrounding amenities include major retailers, banks, schools, and government agencies, making it a highly desirable location for commercial ventures. The property has a Downtown Commercial zoning, allowing for a wide range of uses including restaurants, convenience stores, and retail businesses. With services and utilities readily available, multiple access points, and a level topography, the development potential is vast. Invest in this prime location and become a focal point for businesses, residents, tourists, and employees alike.
PROPERTY TAXES
Parcel Number | 111302-DD-01700 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $341,840 |
PROPERTY TAXES
zoning
Zoning Code | C2 (Allows for a variety of commercial uses. A masterplan was approved by the city that allows for two drive-throughs.) |
C2 (Allows for a variety of commercial uses. A masterplan was approved by the city that allows for two drive-throughs.) |
Presented by
14 N 5th St - 14 NW 5th St
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