$1,200,000
646 Palmain
Madras, OR 97741
Active14 days on market$277/sqft
Facts
Property details
Overview
- Living area
- 4,340 sq ft
- Property type
Listing courtesy of Coldwell Banker Commercial Realty, agent Bill Pon
Data last updated June 22, 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.
Single Tenant. Absolute net lease with a 6.5% Cap Rate. Established Auto Parts tenant with great frontage and signage on 5th street in Madras. Adjacent .35 Acre lot also included in sale (TL 111311DA08700), total land .49 Acres.
This home is listed at $1,200,000 — 200.4% above the Madras median. See full Madras market →
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $960,000 · $240,000 down · 30 year term
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
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