
Exceptional commercial development opportunity in Madras! This level 2.94-acre corner parcel offers outstanding visibility with frontage along HWY 97, Chestnut St, and NE 10th St. Public utilities are available at the street and the high-traffic location is close to other established businesses, shopping, and services. Seller's proposed storage facility plans are available upon an accepted offer. Buyer to perform their own due diligence with the City of Madras regarding permitted uses and development requirements. Owner will carry with a substantial down payment. Imagine the potential for your commercial business!

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One of the listing agents is related to the seller, part owner, and a licensed broker in the state of Oregon
Listing courtesy of Keller Williams Realty Central Oregon, agent Jason Luecker, 541-585-3760
Data last updated July 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.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $423,000 · $106,000 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.
Get the rental projectionJul 2024 to Jun 2026 (24 months) · regional MLS via the market stats cache. Completed months only.
This home is listed at $529,000 — 32.3% above the Madras median. See full Madras market →