0 Orchard Home - Orchard Home Development
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0 Orchard Home - Orchard Home Development
19.21 Acres of Commercial Land Offered at $1,895,000 in Medford, OR 97501
Executive Summary
Welcome to the Orchard Home Drive development, an amazing opportunity for both residential and commercial development. Having been added to the UGB in 2020, this property is one of only a handful of available development pieces in the Medford MSA. It's estimated that it will be upwards of 20 years before there is another UGB expansion, all but guaranteeing demand for new housing remains elevated with competition minimal.
The residential offering encompasses ± 19.20 acres, including ± 5.10 acres of required open space allotment. The project is expected to have SFR-10 zoning, allowing for 10 dwelling units/acre, as well as even higher density for small multifamily or attached townhome product.
Buyer to do all due diligence regarding the requirements and associated costs of development (including but not limited to applications, permits, improved access, required offsites, utility availability and extension, etc.). Please note that any density/configuration is subject to final approval.
The residential offering encompasses ± 19.20 acres, including ± 5.10 acres of required open space allotment. The project is expected to have SFR-10 zoning, allowing for 10 dwelling units/acre, as well as even higher density for small multifamily or attached townhome product.
Buyer to do all due diligence regarding the requirements and associated costs of development (including but not limited to applications, permits, improved access, required offsites, utility availability and extension, etc.). Please note that any density/configuration is subject to final approval.
Property Facts
| Price | $1,895,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 19.21 AC |
| Property Type | Land |
| Price | $1,895,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 19.21 AC |
1 Lot Available
Lot
| Price | $1,895,000 | Lot Size | 19.21 AC |
| Price Per AC | $98,647 |
| Price | $1,895,000 |
| Price Per AC | $98,647 |
| Lot Size | 19.21 AC |
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zoning
| Zoning Code | EFU (Currently Exclusive Farm Use (EFU) zoning. Following PUD, zoning is slated to become Urban Residential (UR).) |
| EFU (Currently Exclusive Farm Use (EFU) zoning. Following PUD, zoning is slated to become Urban Residential (UR).) |
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0 Orchard Home - Orchard Home Development
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