
Commercial Land for Sale in Medford, Oregon
4692 Crater Lake Ave, Medford, OR 97504
Development has begun on this exceptional 12-acre development opportunity featuring approved commercial and apartment zoning within an Opportunity Zone. Design your custom apartment complex with the potential for approximately 300 residential units, ideally situated on the outskirts of Medford. This strategic location offers immediate tax advantages alongside strong long-term growth potential in an increasingly desirable market. Positioned within an established commercial zone and supported by an additional 180 acres of future development, the site presents outstanding possibilities--including long-term plans for a potential regional mall. Invest in scale, vision, and lasting value in a high-growth corridor primed for expansion.
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
Property taxes
- 2025
- $1
Parcels
- 10460547
Details and features
Listing
- Type
- Commercial Sale
- Franchise
- Windermere Real Estate
Lot
- View
- Mountain, Panorama, Territorial, Valley
Nearby schools
| Name | Type |
|---|---|
| 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 |












