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    290 Ross Ln Medford, OR 97501

    Sponsored
    For Sale
    $478,342

    Prime West Medford commercial lot, 0.48 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.48-acre commercial lot presents a remarkable investment opportunity in the thriving West Medford area of Jackson County, Oregon. Strategically located near the intersection of two major roadways, this property offers unparalleled visibility and accessibility. The lot is situated on the north side of the Ross Lane entrance to a newly developed subdivision, ensuring convenient access for businesses and customers. The property is zoned C-C, allowing for a wide range of commercial uses, making it ideal for various business ventures. The lot's size reflects its share of the common area within the subdivision. The parcel's APN is 11011976. Located at 290 N Ross Ln, Medford, OR 97501 (42.3264779, -122.8980493), this property is ready for development. Please note that property taxes and any applicable homeowner's association fees are to be determined independently by the buyer. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area. Don't miss out on this chance to establish your business in a prime location. The asking price for this exceptional property is $478,342.

    Property Features for 290 Ross Ln

    General Information

    Property type
    Land
    Lot Size
    20,909 SF

    HighLights

    • $478,342 asking price.
    • 0.48‑acre commercial land parcel.
    • Located in Medford, Oregon, APN 11011976.
    • C‑C zoning.
    • Well‑located near major roads in West Medford.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.8980493
    Latitude
    42.3264779

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    FAQs

    What type of property is this?
    Land - Prime West Medford commercial lot, 0.48 acres.
    Where is this land located?
    The property is located at 290 Ross Ln Medford, OR.
    What is the asking price?
    The asking price for this property is $478,342.
    What are key features of this property?
    This property features: $478,342 asking price.; 0.48-acre commercial land parcel.; Located in Medford, Oregon, APN 11011976.
    (541) 773-5391
    Request Owner's contact information
    290 Ross Ln Medford, OR 97501
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    Medford, OR 97501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    290 Ross Ln Medford, OR 97501
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