$415,000
1/53 BD · 2 BA · 1,697 SF · 0.14 AC
582 SW H Street #Lot 1
Madras, OR 97741
#220216941 01 / 03
For sale
$415,000
1865 SW Chevrolet Drive
Madras, OR 97741 · N/A
- Baths
- 0
- Acres
- 4.45
Est. $2,500/mo~66 min to downtown Bend (approx.)
Listing by Scout Realty LLC · 541-279-2501
MLS# 220225169 · Active
01
About this home
Calling all investors, developers, and builders! This 4.45-acre commercially zoned property within the Madras city limits offers exceptional flexibility for a wide range of potential uses. Zoned MUE (Mixed Use Employment), outright permitted uses include manufacturing and production facilities, RV parks, drive-through businesses, office buildings, medical facilities, hotels, motels, and more. With excellent road access and outstanding visibility from Highway 97, this high-exposure property is well-positioned for future development or investment in one of Central Oregon's growing communities. Bring your vision to life and be part of the continued growth of Madras.
02
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03
Price history
86 days, no changes| Date | Event | Price |
|---|---|---|
| Jul 12, 2026 | Listed for sale | $415,000 |
From the MLS: original list price and latest price change. 86 days on market.
04
Drive times
~66 min to downtown Bend- Smith Rock State Park~33 min · 21.7 mi
- Redmond Airport (RDM)~44 min · 31.9 mi
- Sisters~52 min · 39 mi
- St. Charles Bend~64 min · 49.1 mi
- Downtown Bend~66 min · 50.8 mi
- Old Mill District~67 min · 51.9 mi
- Mt. Bachelor~84 min · 66.8 mi
- Sunriver Village~86 min · 68.5 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
- Type
- Commercial
- Lot
- 4.45 AC · 193,842 SF
- HOA
- None reported
- Taxes
- $2,946/yr
- Subdivision
- N/A
- County
- Jefferson
- Days on market
- 86
- MLS #
- 220225169
- View
- Territorial
- Lot
- Native Plants · Sloped
06
Location & schools
N/A44.6091° N · 121.1357° W
Directions- Elementary
- Check with District
- Middle
- Check with District
- High
- Madras High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$2,500/mo$2,500/mo
$332,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $2,098
- Property tax (listing)
- $245
- Home insurance (est.)
- $156
20% · $83,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220218442Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 4:31 PM.
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