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Commercial Development Land with Approved Zoning
For Sale
$4,500,000

4692 Crater Lake Ave Unit 600, Medford, OR 97504

Development has begun on a multi-use site with approved commercial and apartment zoning within an Opportunity Zone.

Property SizeContact for details
Lot Size12.00 Acres
Days on Market23

Property Features for 4692 Crater Lake Ave Unit 600

General Information

Standard status Active
Lot size 12.00 Acres
Property subtype Vacant Land

Additional Details

Opportunity Zone Yes
Listing Agency: John L. Scott Medford
Listed By: Jeff Johnson · License #200402091
Source: 541sold
Added: Jul 21 Changed: Aug 8 Last Checked: Jul 21 at 3:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John L. Scott Medford

Investment Insights

Based on property information with market context.

Development has begun on this commercial land parcel offering approved commercial and apartment zoning within an Opportunity Zone. The plan contemplates an apartment complex with potential for approximately 300 residential units, allowing for a custom development approach based on the approved framework.

The site is described as being positioned on the outskirts of Medford and located within an established commercial zone. The offering also includes reference to an additional 180 acres of future development, with long-term plans mentioned that could include a potential regional mall.

All details above reflect the information provided in the public remarks, including the Opportunity Zone designation, the current development activity, and the stated development and future expansion possibilities.

Key Highlights

  • 12‑acre development site with approved commercial and apartment zoning
  • Zoned within an Opportunity Zone
  • Development has begun on the multi‑use site

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Law Firm Electrical Service Real Estate Agency Pharmacy Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby

Demographics for 97504, OR

49,942
Population
21,290
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
93%
High-School Grad
43.3 sq mi
ZIP Area
1,153
Density / Sq Mi
$81,233
Median Household Income
$43,744
Median Earnings
$1,387
Median Rent
$447,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development has begun on a multi-use site with approved commercial and apartment zoning within an Opportunity Zone.
Where is this commercial land located?
The property is located at 4692 Crater Lake Ave Unit 600 Medford, OR.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 12‑acre development site with approved commercial and apartment zoning; Zoned within an Opportunity Zone; Development has begun on the multi‑use site
More about this property
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