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Prime 1.04-acre Neighborhood Commercial (NC) lot in Madras, Oregon—ideal for retail, office, or mixed-use development in a growing residential corridor. Don't miss this rare opportunity to own over an acre of flat, buildable land with Neighborhood Commercial (NC) zoning in the heart of Madras, Oregon! This 1.04-acre parcel is perfectly situated for entrepreneurs, developers, or investors seeking a high-visibility location to serve the surrounding residential neighborhoods. Zoned NC, this property allows for a wide variety of uses including coffee shops, professional offices, salons, convenience stores, boutique retail, and more—offering incredible flexibility to meet local demand. With paved road access, utilities nearby, and a strong traffic corridor, this site is development-ready and strategically located near schools, parks, and established neighborhoods. Ideal For: Retail, office, daycare, boutique shops, cafés, or a live/work concept
A rough estimate, not a quote. Loan amount $199,200 · $49,800 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Madras. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map.
Madras
live MLS through Oregon Data Share, active single-family houses in Madras, the same count and median list the Madras market figures on this site publish (market_metric, place membership). This price is the published list price. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. · updated Oct 17, 2026
| Date | Event | Price |
|---|---|---|
| Jun 28, 2025 | Listed | $249,000 |
| Year | Tax |
|---|---|
| 2024 | $831 |
Tax as filed on the listing. Jefferson County. Parcel 20161.
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Madras · What to do about this house
The typical cut was 4.6% off the original ask, and the typical home went under contract in 57 days.
Madras single family homes · every sale that closed in the 12 months to October 16, 2026
public.market_metric · stat_id=pct_with_price_cut · geo_type=city · geo_slug=madras (Madras) · segment=detached · window_months=12 · definition_id=mt-v1 · n=162 · complete_through=2026-10-16 · read 2026-10-18 | public.market_metric · stat_id=median_price_cut_pct · geo_type=city · geo_slug=madras (Madras) · segment=detached · window_months=12 · definition_id=mt-v1 · n=68 · complete_through=2026-10-16 · read 2026-10-18 | public.market_metric · stat_id=median_days_to_contract · geo_type=city · geo_slug=madras (Madras) · segment=detached · window_months=12 · definition_id=mt-v1 · n=152 · complete_through=2026-10-16 · read 2026-10-18 | public.listings, this listing · OnMarketDate 2025-06-28, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
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Listing courtesy of eXp Realty, LLC
Data last updated October 18, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.