Mixed-Use Development
For Sale
$4,500,000
600-4692 Crater Lake Ave, Medford, OR 97504
Development has begun on a large site with approved commercial and apartment zoning in an Opportunity Zone.
Property SizeContact for details
Lot Size12.00 Acres
Days on Market472
Property Features for 600-4692 Crater Lake Ave
General Information
Standard status
Active
Lot size
12.00 Acres
Property subtype
Land
Additional Details
Opportunity Zone
Yes
Multifamily Units
300
Taxes and HOA fees
Annual Taxes
$1.00
Listing Agency:
Windermere Van Vleet & Assoc2
(541) 292-2900
Listed By:
Jeff Johnson · License #200402091
(541) 292-2900
Source:
Exprealty
Added: Apr 28, 2025
Changed: Aug 8
Last Checked: Jul 17 at 7:30AM
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 Windermere Van Vleet & Assoc2
Investment Insights
Based on property information with market context.
This development land opportunity in Medford, OR has development activity already underway and offers approved commercial and apartment zoning within an Opportunity Zone. The site is positioned for a custom apartment complex concept with potential for approximately 300 residential units, alongside commercial development flexibility.
The property is described as an approximately 12-acre development opportunity, with reference to an additional 180 acres of future development support. The remarks also indicate potential long-term plans for additional retail and a possible regional mall concept within the broader development approach.
The property is described as an approximately 12-acre development opportunity, with reference to an additional 180 acres of future development support. The remarks also indicate potential long-term plans for additional retail and a possible regional mall concept within the broader development approach.
Key Highlights
- 12‑acre development site with approved commercial and apartment zoning in an Opportunity Zone
- Development has begun on the property
- Plans allow for approximately 300 residential units for a custom apartment complex
Property Analytics
Current Use
Lease Details
300
Residential units
Location Intelligence
Trade Area within ½ mile
2,930
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Development has begun on a large site with approved commercial and apartment zoning in an Opportunity Zone.
Where is this commercial land located?
The property is located at 600-4692 Crater Lake Ave 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 in an Opportunity Zone; Development has begun on the property; Plans allow for approximately 300 residential units for a custom apartment complex
