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Improved Commercial Land for Sale in Madras, Oregon
1456 SW Olive St, Madras, OR 97741
$4,900,000
3 acres
Active sale
Est $25,119/moFor Sale: Mini-Storage Investment - 1451 SW Olive St, Madras, ORTurnkey 3-acre self-storage facility featuring 51,675 SQFT under roof with 290 total units. Estimated annual income projects a cap rate of 7%+. Property includes a keypad entry automated gate, new curbs, sidewalks, privacy fencing, ADA parking, and newly paved street. Self-serve tenant signup system, exterior security lighting, and WiFi connectivity offer modern convenience and low overhead. Located in a prime area with easy access to all parts of Madras. Excellent opportunity for investors seeking strong returns in a growing Central Oregon market.
51,675
Sq feet
2025
Built
Location
- Street address
- 1456 SW Olive St
- County
- Jefferson County
- Zip code
- 97741
- Elevation
- 2,368 feet
Property details
- Acreage
- 3 acres
- Zoning
- MUE
- MLS #
- RMLS 122483260
- Posted
Property taxes
- Recent
- $1,008 - 111314AC00301
Parcels
- 1757
Details and features
Listing
- Type
- Commercial Sale
Lot
- View
- City, Territorial
Structure
- Condition
- Under Construction
- Stories
- 1
- Materials
- Metal Frame
- Roof
- Metal
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 25, 2026 | New listing | $4,900,000 | — | RMLS |
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