Free email when a new home lists in this city near this price. Unsubscribe any time.
ATTENTION INVESTORS! 17.62 Ac of MUE with amazing location at the corner of Colfax and US 97 and hwy 26 with an average daily vehicle count of over 17,000. Total of 2 parcels (1.19ac & 16.43ac) annexed into the city of Madras and sewer main is near the property line, This property is a huge opportunity. Property use includes Large retail complex or Travel Center, or Hotel or light manufacturing or vehicle dealership or ? Total of 8,770sq.ft. and includes the following: 2,217sq.ft. house, 1248sq.ft. Shop, 3,455sq.ft. Retail Store / Showroom, 1,850sq.ft. 3 bay finished shop. the larger property is currently used as residential and the smaller piece is used as MUE Commercial. All property can be used as MUE. Call your agent for the backup package and showing. Seller will also sell the parcels separately.
▶ Tour
▶ Tour
A rough estimate, not a quote. Loan amount $2,800,000 · $700,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
See everything for sale in Madras
| Date | Event | Price |
|---|---|---|
| Apr 18, 2025 | Listed | $3,500,000 |
$399 per sq ft
500 days on market. Madras median to pending is 53 days.
Tax $8,572 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. Place median from the live pulse. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
New listings
Listing courtesy of eXp Realty, LLC, agent E Lamar Yoder, 888-814-9613
Data last updated September 2, 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.
Mar 2024 to Aug 2026 (24 months) · Market Truth leftover, Madras city, monthly median close. Completed months only.
This home is listed at $3,500,000, 669.2% above the Madras median list price. See full Madras market →