Medford Development Opportunity: 167
For Sale
Contact for pricing
0 Cherry Lane, Medford, OR 97504
Prime residential development land in East Medford, Oregon.
Property SizeContact for details
Lot Size167.00 Acres
Days on Market868
Property Features for 0 Cherry Lane
General Information
Standard status
Active
Lot size
167.00 Acres
Property subtype
Land
Zoning
SFR-4
Listing Agency:
Merit Commercial Real Estate
(541) 608-6704
Listed By:
Scott King · License #Oregon 200602153
Source:
Crexi
Added: Mar 28, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:57AM
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 Merit Commercial Real Estate
Investment Insights
Based on property information with market context.
This 167-acre development opportunity, known as The Highlands, is located in East Medford, Oregon. The property offers a visionary developer a blank slate for luxury single-family and mixed-use development. The original PUD lays out a large-scale development consisting of approximately 800+ single-family homes, as well as senior-living facilities, condos, townhomes, and multifamily residences, but a developer isn't limited to this layout. The Highlands represents 1.00% of the total land supply of Medford, Oregon. The property is less than 10 minutes from grocery stores, dining options, Asante Rogue Regional Medical Center, healthcare clinics, recreation, and other necessities. Rogue Valley International Airport and I-5 are less than 15 minutes away. Prescott Park (Roxy Ann Peak), with over 17 miles of hiking and biking trails, is directly adjacent to the North. All utilities are either stubbed directly to the property or are in close proximity. Water, sewer, and storm drain are available, and high-capacity power runs the length of the site into the adjacent Pacific Power substation. The topography is usable, with over 75% of the site under a 25% slope, allowing for desirable view lots and homes. East Medford is a desirable area with strong income and employment demographics. The Rogue Valley has demonstrated consistent growth, with demand for high-quality luxury single-family and higher-density product.
Key Highlights
- Large‑scale development opportunity: 167 acres, representing 1% of Medford's total land area.
- Prime location in East Medford**: the most desirable area in the region with strong demographics.
- Grandfathered PUD: allows for 800+ single‑family homes, senior living, condos, townhomes, and multifamily units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
162
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Prime residential development land in East Medford, Oregon.
Where is this residential land & home lot located?
The property is located at 0 Cherry Lane Medford, OR.
What are key features of this property?
This property features: Large‑scale development opportunity: **167 acres, representing 1% of Medford's total land area.**; Prime location in East Medford**: the most desirable area in the region with strong demographics.; Grandfathered PUD: allows for 800+ single‑family homes, senior living, condos, townhomes, and multifamily units.
