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Sw Fairgrounds Rd, Lot #Lot 00200, Madras, OR 97741

$350,000
  • Sw Fairgrounds Rd, Lot #Lot 00200, Madras, OR 97741 Main Photo

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Active
LOT SIZE 2.510 acres MLS#220208077
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONMadras

Property Description

Prime Development Opportunity - 2.5 Acres Zoned R1. This is a rare opportunity to acquire 2.5 acres of flat, build-ready land in an exceptional location?directly across from the Jefferson County Fairgrounds. Zoned R1, this property has the potential to be subdivided into as many as 20 single family lots (buyer to verify with the City of Madras). Sewer has already been installed throughout the property, offering a major head start for development. Whether youre looking to build a subdivision of single-family or multi-family homes?or explore other possibilities. RV park potential exists, given the propertys proximity to the fairgrounds & ideal layout for accommodating seasonal activity. This is an investment worth serious consideration. Please consult with the City of Madras for specific zoning and use requirements. Two conceptual Subdivision plans exist, ask for copies to review different development approaches. Growing demand and location offering direct access to everything!

Sw Fairgrounds Rd, Unit Lot 00200 | MLS# 220208077

This land located at Sw Fairgrounds Rd, Unit Lot 00200, Madras, OR 97741 is currently listed for sale with an asking price of $350,000. The property has approximately 2.51 Acres. Search Madras real estate on traceycheyne.fnrhomes.com today.

Property Features

Property Type: Land - Residential
Lot Size: 2.51 Acres
Taxes: $1,145

Feature Descriptions

Sewer: Public Sewer
Special View Info: Territorial

Local Schools

High School: Madras
Middle School: Jefferson County
Elementary School: Madrasentary

Listed By / Shown By

Listed By

Agency Name: eXp Realty, LLC

Shown By

Agent Name: Tracey Cheyne
Agent Phone: (541) 892-8970
Agency Title: Fisher-Nicholson Realty LLC

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Estimated Payment

$ 2,083.91 per month $1,886.41 Principal & Interest $95.42 Property Tax $102.08 Homeowner's Insurance

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