Recently Viewed Properties
See This Home
Save This Listing
Close

$1,550,000

  • Sold
  • Closed
  • Agricultural Land
  • Updated 3 days ago
See This Home
Save This Home
See This Home
Save This Home
Modern Industrial/Ag buildings. 16400 square foot building includes multiple offices, conference room, reception and two +/- 4800 square foot industrial suites. Also includes some second floor semi-finished storage areas. 5 large grade level roll up doors. Additional scale and scale house and large outdoor storage building (no heat) plastic skin metal frame concrete bunks. Was formerly a fertilizer distribution center, could have many uses going forward. In the Airport Development zone, allowing many agricultural and industrial uses. Owner leases adjacent property from City of Madras for rail spur access and additional yard area. New owner can negotiate similar lease| with the City if desired.

Full Property Details for 500 NW Cherry Ln

General

  • Sold For: $1,550,000
  • Taxes: $22,542 (2025)
  • Status: Closed
  • Type: Agricultural Land
  • Source: ODS
  • MLS ID: 220219163
  • Added to Site: 159 day(s) ago

Interior

  • Flooring: Carpet, Concrete, Vinyl

Additional Information

  • Security/Safety: Fire Sprinkler System

Parking

  • Total Spaces: 40
  • Parking Features: Gravel, Other

Location

  • Area: 3000
  • County: Jefferson
  • Subdivision: N/A
  • Cross Streets: Hwy 26
  • Driving Directions: From US 26 west on Cherry Lane, property on right after RR tracks.

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air, None
  • Heating Type: Forced Air, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Steel Frame
  • Exterior Const.: Rail Spur
  • Foundation: Slab
  • Roof: Metal
  • Common Walls: No Common Walls
  • Stories/Levels: 2
  • Square Feet: 3,000
  • Sq. Ft. Source: Assessor
  • Year Built: 2019

Lot Features

  • Lot Size (Acres): 5.04
  • Lot Size (Sq. Ft.): 219,542
  • Lot Features: Fenced, Level
  • Zoning: AD - AirportDev

Financial Considerations

  • Price Per Sq. Ft.: $700
  • Tax Amount: $22,542.77
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Multiple Parcels: Yes
  • APN: 13249
  • Section: Not Applicable

Listed by RE/MAX Key Properties (541) 728-0033, Dan C Steelhammer (541) 728-0033
Sold by Fay Ranches, Inc. (541) 728-0033, Timothy Scott Coe

Listing agent

— 500 NW Cherry Ln —

  • Dan C Steelhammer

    RE/MAX Key Properties

    541-728-0033

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 500 NW Cherry Ln

School District:Jefferson County School District 509j
NameGradesDistance
Madras Elementary School
215 Southeast 10th Street, Madras, OR 97741
K-52.4 mi
Jefferson County Middle School
1180 Southeast Kemper Way, Madras, OR 97741
6-82.8 mi
Madras High School
390 Southeast 10th Street, Madras, OR 97741
9-122.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 500 NW Cherry Ln

Date
Details
Price
Change
Source
9/15/2026
Sold
$1,550,000
-26.19%
MLS
4/13/2026
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by RE/MAX Key Properties (541) 728-0033, Dan C Steelhammer (541) 728-0033
Sold by Fay Ranches, Inc. (541) 728-0033, Timothy Scott Coe

Just Listed near 500 NW Cherry Ln

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

494 5th St, Metolius, OR 97741 - Photo 1 Just Listed
$229,000

494 5th St  Metolius, OR 97741

  • Manufactured Home
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,512
    Sq. Ft.
Listed by Cascade Hasson SIR, Wendi Ann Monroe-Kidwell and Cascade Hasson SIR, Brandon Cook-Bostick
624 Patriot Dr, Metolius, OR 97741 - Photo 1 Just Listed
$75,000

624 Patriot Dr  Metolius, OR 97741

  • Residential Lots
  • Active
  • Updated 2 days ago
  • 0.16
    Acres
Listed by Cascade Hasson SIR, Wendi Ann Monroe-Kidwell
663 Jefferson Ave, Metolius, OR 97741 - Photo 1 Just Listed
$335,000

663 Jefferson Ave  Metolius, OR 97741

  • Commercial
  • Active
  • Updated 2 days ago
Listed by Dreams Realty Group, LLC, Joseph A McDonald
10835 SW Mintken Ln, Culver, OR 97734 - Photo 1 Just Listed
$949,000
Open House

10835 SW Mintken Ln  Culver, OR 97734

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,052
    Sq. Ft.
Listed by Cascade Hasson SIR, Heather L Wells

Price Reduced near 500 NW Cherry Ln

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

633 Patriot Dr, Metolius, OR 97741 - Photo 1 Price Reduced
-$26,500 (-7.38%)
$332,500

633 Patriot Dr  Metolius, OR 97741

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,192
    Sq. Ft.
Listed by eXp Realty, LLC, Beverly Irene Griffin
316 Center Ridge Dr, Culver, OR 97734 - Photo 1 Price Reduced
-$5,000 (-1.24%)
$399,000

316 Center Ridge Dr  Culver, OR 97734

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,469
    Sq. Ft.
Listed by Cascade Hasson SIR, Wendi Ann Monroe-Kidwell and Cascade Hasson SIR, Brandon Cook-Bostick
10436 NE Sage Ln, Terrebonne, OR 97760 - Photo 1 Price Reduced
-$70,000 (-4.52%)
$1,480,000

10436 NE Sage Ln  Terrebonne, OR 97760

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 4
    Total Baths
  • 4,451
    Sq. Ft.
Listed by Cascade Hasson SIR, Betsey Leever Little and Cascade Hasson SIR, Lynn Larkin
502 Foss Dr, Terrebonne, OR 97760 - Photo 1 Price Reduced
-$10,000 (-1.52%)
$649,990

502 Foss Dr  Terrebonne, OR 97760

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,154
    Sq. Ft.
Listed by Windermere Realty Trust, Noah von Borstel

Recent Sales near 500 NW Cherry Ln

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

268 N 5th St, Madras, OR 97741 - Photo 1 Sold
$1,350,000

268 N 5th St  Madras, OR 97741

  • Commercial Service
  • Closed
Listed by eXp Realty, LLC, Mike C. Ahern
Sold by eXp Realty, LLC, E Lamar Yoder
10386 NE Sage Ln, Terrebonne, OR 97760 - Photo 1 Sold
$1,700,000

10386 NE Sage Ln  Terrebonne, OR 97760

  • Single Family
  • Closed
  • 3
    Beds
  • 4
    Total Baths
  • 4,324
    Sq. Ft.
Listed by Legacy Realty LLC, Chamese D Christianson
Sold by Cascade Hasson SIR, Mark Ryan Garcia
4076 SW Park Ln, Culver, OR 97734 - Photo 1 Sold
$1,680,000

4076 SW Park Ln  Culver, OR 97734

  • Single Family
  • Closed
  • 5
    Beds
  • 5
    Total Baths
  • 5,100
    Sq. Ft.
Listed by Hayden Outdoors, LLC, Dan S. Fox
Sold by Uslandco Llc, Sam Harry Terrell
3645 NE Xenolith St, Terrebonne, OR 97760 - Photo 1 Sold
$1,700,000

3645 NE Xenolith St  Terrebonne, OR 97760

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 3,421
    Sq. Ft.
Listed by Cascade Hasson SIR, Kristin Prosser
Sold by Keller Williams Realty Central Oregon, Janine M Ward

500 NW Cherry Lane, Madras, OR 97741 (MLS# 220219163) is a Agricultural Land property that was sold at $1,550,000 on September 15, 2026. Want to learn more about 500 NW Cherry Lane? Do you have questions about finding other Agricultural Land real estate for sale in Madras? You can browse all Madras real estate or contact a Coldwell Banker agent to request more information.