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- LoopNet Team
North Highway 97
Madras, OR 97741
Madras Highway #97 Land · Land For Sale
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9.59 AC
INVESTMENT HIGHLIGHTS
- 680" of Highway #97 Frontage...Commercial Zoned
- Great Mixed Use Project with several Buyers looking for smaller parcels when developed
- ODOT has plans for major highway improvement soon!!
PROPERTY FACTS
DESCRIPTION
Large commercial parcel located in North Madras where Highway #26 and Highway #97 converge at the “Gateway to Central Oregon” from Portland. This parcel will be a great opportunity for a mixed use development project with excellent highway exposure with ODOT Highway access in a key commercial area in Madras. A new City Transportation Master Plan has been approve by ODOT with plans for two highway access points. There are plans to widen Highway 97, install curbs, side walks and upgrade some utilities. This may result in substantial savings for a developer. The City of Madras also has Urban Renewal Funds to assist with development. It is zoned C1 with flexibility for many commercial & residential uses with a new Master Plan. Call Gary Everett for more information and development ideas. There are potential buyers for building sites created from this project. Now available: Level One Environment Report, Soils Report, Survey and Title Report.
PROPERTY TAXES
| Parcel Number | 111301-CB-00100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $406,780 |
PROPERTY TAXES
