For sale $3,550,000 · 36.8± Acres

Jackson County

Great Development Property In Medford

4900 Cherry Lane, Lot#WP001 Medford, OR 97504

Description

Great development/investment property with views in a desirable area of Medford. The property is right next to newer upscale subdivisions and close by to the Rogue Valley Country Club. It is split between lower-density development (up to 6 homes per acre) and higher density (up to 10 homes per acre). These mixed subdivisions have been very successful in the area, allowing for larger upscale homes and smaller, more affordable homes to be built. The adjacent subdivision has already brought the sewer close by, and according to the city, it should be easy and low-cost for this development to connect. The county has a real market value of over $6 million. This is a great deal on some of the best development land in Medford. Develop it now, or just put it in your portfolio and watch the value grow as the surrounding land is developed!


Summary

Address

4900 Cherry Lane, Lot#WP001

Medford, OR 97504

Jackson County

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Property

Property Type
Undeveloped Land
Road Frontage
County Road
Road Surface
Pavement

Details

  • Prime development land in Medford
  • Upscale area with new subdivisions and the country club close by
  • Mix of low and high density development possible
  • The county assessor has the real market value at over $6,000,000

Other

Coordinates

42.3262, -122.7973

Annual Taxes

$7,476
Listing Agent

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