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Commercial Land for Sale in Medford, Oregon

4692 Crater Lake Ave, Medford, OR 97504

$4,500,000
12.7 acres
Active sale
Est $30,336/mo

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, # 600
Elevation
1,342 feet
Coordinates
42.3838, -122.8506

Directions

Crater Lake Ave, coming from Coker Butte. You will see the signs.

Property details

Acreage
12.72 acres
Zoning
Comercial
MLS #
ODS 220200527
Posted

Property taxes

2025
$1

Parcels

  • 10460547

Details and features

Listing

Type
Commercial Sale
Franchise
John L. Scott

Lot

View
Territorial, Valley
Features
Level

Structure

Water
Public
Sewer
Public Sewer

Nearby schools

NameType
Kennedy ElemElementary
Hedrick MiddleMiddle
North Medford HighHigh

Listing history

DateEventPriceChangeSource
Apr 24, 2026New listing$4,500,000ODS
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This 12.72-acre property is located at 4692 Crater Lake Ave # 600 in Medford, OR 97504. The property is available for sale for $4,500,000 with a price per acre of $353,774.

Checked 1 hour ago — Updated

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