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    OFF-MARKET
    Land

    0 Gaylee Ave, Medford, OR 97501

    6.69 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional investment opportunity in Medford, Oregon's burgeoning Addyben Park Subdivision. This 6.69-acre parcel, identified by APN 10588366, is zoned MFR 20, permitting the construction of up to 134 multifamily units (20 units per acre). Located on Gaylee Ave, 97501, this prime land is situated in the first phase of a large-scale development encompassing 325 lots and an 8-acre park. The property's convenient location just off Oak Grove Road offers easy access to Medford's amenities and transportation networks. While the final plat map is pending, this vacant lot presents a unique chance to capitalize on the growing demand for multifamily housing in this desirable area. The asking price for this exceptional development site is $2,700,000. This represents a significant opportunity for developers seeking to build a substantial multifamily complex in a thriving community. Jackson County location provides access to a robust local economy and a strong rental market. Don't miss this chance to secure a prime piece of land in a rapidly developing subdivision.

    Property profile
    Verified
    Property type Land
    Lot 6.69 ac (291,416 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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