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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 $1,000 per $300K of price each year. Type your quote to replace it.
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| Date | Event | Price |
|---|---|---|
| Jun 28, 2025 | Listed | $249,000 |
425 days on market. Madras median to pending is 53 days.
Tax $831 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.
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Listing courtesy of eXp Realty, LLC, agent E Lamar Yoder, 888-814-9613
Data last updated September 1, 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 $249,000, 45.3% below the Madras median list price. See full Madras market →