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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.
A rough estimate, not a quote. Loan amount $960,000 · $240,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
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| Date | Event | Price |
|---|---|---|
| May 26, 2026 | Listed | $1,200,000 |
$276 per sq ft
93 days on market. Madras median to pending is 53 days.
Tax $3,991 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 Coldwell Banker Commercial Realty, agent Bill Pon, 541-382-4123
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 $1,200,000, 163.7% above the Madras median list price. See full Madras market →