4692 Crater Lake Avenue 600, Medford, OR 97504

Land
Built in ——
12.72acre lot
—— car garage
$——/sqft
Listed 27 days ago

Property Description

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.

Listing Status:: Active
Date Added:: April 28, 2025 at 05:00AM
Listing Office:: Windermere Van Vleet & Assoc2 : 541-292-2900
MLS ID:: 220200527

Road/Access: Shared Access
County: Jackson

This listing courtesy of Windermere Van Vleet & Assoc2

Location

Schools Nearby

Kennedy Elementary School

2860 N Keene Way Dr, Medford, OR, 97504

Grades KG-6

1.69 miles away

Hedrick Middle School

1501 E Jackson St, Medford, OR, 97504

Grades 7-8

3.55 miles away

North Medford High School

1900 N Keene Way Dr, Medford, OR, 97504

Grades 9-12

2.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.