Kings Hwy Medford, OR 97501
- Land
- 15.79 lot acres
Current Use by Public Records
- Land
Property Details for 0 Kings Hwy
- Lot size
- 15.79 lot acres
- Property type
- Land
Description
Prime 15.79-acre commercial and residential land parcel in Medford, Oregon, zoned SFR-10, offering a fully approved PUD plan for a 149-unit residential development (21 detached homes and 128 townhomes). Located in a rapidly growing area with easy access to downtown Medford, Ashland, and Jacksonville, this exceptional property boasts minimal off-site development costs due to existing infrastructure. The approved plan includes a mix of detached single-family homes, duplexes, triplexes, quadplexes, and cottage clusters, catering to diverse housing needs. This represents a significant development opportunity in Southern Oregon's largest portfolio, benefiting from favorable demographics and geographic location. The asking price is $3,800,000, with a price per acre ranging from $224,138 to $246,992. The vision for this neighborhood emphasizes community building through innovative higher-density housing. Buyer to conduct all necessary due diligence. This is a unique chance to capitalize on the strong residential market in Medford and create a thriving new community. The property's flexible zoning allows for a variety of development options, ensuring a strong return on investment. The existing infrastructure minimizes development costs and allows for a faster project timeline.
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
- -122.878
- Latitude
- 42.2958
