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 you're looking to build a subdivision of single-family or multi-family homes—or explore other possibilities. RV park potential exists, given the property's 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!
349 days
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28
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Zillow last checked:
Listing updated:
Listed by:
eXp Realty, LLC503-915-8271
Source: Oregon Datashare,MLS#: 220208077
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 0
Features
Has fireplace: No
Property
Features
Fencing: Barbed Wire
Has view: Yes
View description: Territorial
Lot
Size: 2.51 Acres
Features: Level, Sloped
Details
Parcel number: 1872
Zoning description: R1
Special conditions: Standard
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Fiber Optics Available, Natural Gas Available, Phone Available
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.