Listing provided courtesy of eXp Realty, LLC- MLS# 122483260
Contact Information: 503-915-8271
Contact Information: 503-915-8271Images
Request Info1456 SW OLIVE STMadras, OR 97741
Commercial · 51,675 Sq. ft. | 3.00 Acres$4,900,000
Active
1456 SW OLIVE ST Overview
- Time on Site:
- 389 days
- Visits:
- 21
**For Sale: Mini-Storage Investment ' 1451 SW Olive St, Madras, OR**Turnkey 3-acre self-storage facility featuring 51,675 SQFT under roof with 290 total units. Estimated annual income projects a cap rate of 7%+. Property includes a **keypad entry automated gate**, new curbs, sidewalks, privacy fencing, ADA parking, and newly paved street. Self-serve tenant signup system, exterior security lighting, and WiFi connectivity offer modern convenience and low overhead. Located in a prime area with easy access to all parts of Madras. Excellent opportunity for investors seeking strong returns in a growing Central Oregon market.
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1456 SW OLIVE ST Facts & Features
- Type Commercial
- Sq. ft. 51,675
- Price/Sq.ft. $95
- Lot 3.00 Acres
Details
General
Income/Expenses
- Existing Lease Type: Month To Month
- Gross Income: 0
- Gross Scheduled Income: 537600.0
- Operating Expense: 0
Building Information
- Year Built: 2025
- Year Established: 2025
Business Information
- Current Use: Mini-Storage
Location/Region
- Country: US
- County Or Parish: Jefferson
- MLS Area Major: 340 - Jefferson County
Tax Information
- Tax Annual Amount: 1008.4
- Tax Year: 2024
General Information
- Inclusions: Building,BusinessName,Land
- Listing Terms: Cash,Conventional,Other
- Parcel Number: 1757
- Property Condition: Existing
- Property Sub Type: Commercial
- Property Type: Commercial Sale
- Zoning: MUE
Interior
Building Interior
- Building Area Total: 51675.0
General Information
- Cooling: None
- Heating: None
- Stories: 1
Exterior
Parking Information
- Parking Features: Off Street,Secured
- Parking Total: 50.0
Lot Information
- Lot Size Acres: 3.0
- Lot Size Dimensions: 312x418
- Lot Size Square Feet: 130680.0
- Number Of Buildings: 5
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Construction Materials: Metal Frame
- Roof: Metal
General Information
- Road Frontage Type: 312
- Sewer: Public Sewer
1456 SW OLIVE ST Neighborhood
Community
97741 (Madras) Demographics
40
Median Age
36
Population Density (per sq. mile)
32%
College Educated
$52,400
Estimated Median Income
2,586
Estimated Total Home Owners
1,844
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1456 SW OLIVE ST Monthly Cost
1456 SW OLIVE ST Market Data
Based on the last 30 days in this zip code
$464,993
Average List Price
$257
Average Price per Square Foot
3
Properties Sold
114
Average Days on Market
175
Properties for Sale
1456 SW OLIVE ST History
| Date | Value | Agent |
|---|---|---|
| 1/9/2026Source: Regional MLS | $4,900,000 -5.8% |
|
| 6/5/2025Source: Regional MLS | June 05, 2025 |