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!
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: eXp Realty, LLC
Shown By
Agent Name: Otis Craig, Broker
Agent Phone: Cell: (541) 771-4824
Agency Title: Bend Premier Real Estate
Estimate Your Payment
Estimated Payment
$ 1,967.29 per month $1,769.79 Principal & Interest $95.42 Property Tax $102.08 Homeowner's InsuranceChange Payment Information
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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 otiscraig.bendpremierrealestate.com today.