Commercial Land for Sale in Medford, Oregon
4692 Crater Lake Ave, Medford, OR 97504
Prime Development Opportunity: Just outside Medford sits a coveted 12-acre parcel with commercial zoning already in place for apartment development. This Opportunity Zone property offers exceptional tax advantages for investors while accommodating up to 300 residential units. Future residents will enjoy a tranquil setting with stunning views, all while maintaining easy access to urban conveniences. The strategic location combines peaceful surroundings with proximity to amenities, creating an ideal living environment. This investment delivers immediate tax benefits alongside strong long-term growth potential in an increasingly desirable market. Don't miss this chance to design and develop the next standout addition to your investment portfolio.
Location
- Street address
- 4692 Crater Lake Ave
- County
- Jackson County
- Elevation
- 1,339 feet
Directions
Crater Lake Ave, coming from Coker Butte. You will see the signs.
Property details
- Acreage
- 12.72 acres
- Zoning
- Comercial
- MLS #
- SORMLS 220200527
- Posted
Parcels
- 10460547
Details and features
Listing
- Type
- Commercial Sale
- Franchise
- Windermere Real Estate
Lot
- View
- Mountain, Panorama, Territorial, Valley
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Kennedy Elem | Elementary | — | — |
| Hedrick Middle | Middle | — | — |
| North Medford High | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 29, 2025 | New listing | $4,500,000 | — | SORMLS |