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500 NW Cherry Ln 30,000 SF Industrial Building Madras, OR 97741 $2,100,000 ($70/SF)
Executive Summary
Modern Industrial/Ag buildings. 16400 square foot building includes multiple offices, conference room, reception and two +/- 4800 square foot industrial suites. Also includes some second floor semi-finished storage areas. 5 large grade level roll up doors. Additional scale and scale house and large outdoor storage building (no heat) plastic skin metal frame concrete bunks. Was formerly a fertilizer distribution center, could have many uses going forward. In the Airport Development zone, allowing many agricultural and industrial uses. Owner leases adjacent property from City of Madras for rail spur access and additional yard area. New owner can negotiate similar lease| with the City if desired.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,100,000 | Lot Size | 5.04 AC |
| Price Per SF | $70 | Rentable Building Area | 30,000 SF |
| Sale Type | Owner User | No. Stories | 2 |
| Property Type | Industrial | Year Built | 2019 |
| Zoning | AD - Airport Development - The Airport Development Zone identifies commercial and industrial uses that may rely on air transportation services. | ||
| Price | $2,100,000 |
| Price Per SF | $70 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Lot Size | 5.04 AC |
| Rentable Building Area | 30,000 SF |
| No. Stories | 2 |
| Year Built | 2019 |
| Zoning | AD - Airport Development - The Airport Development Zone identifies commercial and industrial uses that may rely on air transportation services. |
Amenities
- Fenced Lot
- Reception
- Storage Space
- Breakroom
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
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500 NW Cherry Ln
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