Gaylee Ave Medford, OR 97501
- Land
- 6.69 lot acres
Current Use by Public Records
- Land
Property Details for 0 Gaylee Ave
- Lot size
- 6.69 lot acres
- Property type
- Land
- Property subtype
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.907
- Latitude
- 42.3126
