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Barnett
Medford, OR 97504
**Update** New Road with Water Expected · Land For Sale · 4.63 AC

INVESTMENT HIGHLIGHTS

  • High Density- 30-units per acre
  • Panoramic city views
  • City services available and within the Southeast Medford City Plan

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Planned Unit Development
Total Lot Size 4.63 AC
Cross Streets North Phoenix Road
Zoning MFR-30

DESCRIPTION

The 4.639 ac. subject property is prime for development and is surrounded by new residential subdivisions in the coveted southeast Medford Plan. Located within the City of Medford all city services are included. A plan for water and a new road is being reviewed by the city and is anticipated to be approved by the Seller. The property can be development into maximum of 139-units for either PUD detached homes or multi-family residential. Within walking distance to the area shopping center and restaurants. This is the right property at the right time to take advantage of Medford's need for multi-family housing which currently has a less than 2% vacancy. Alternatively, you can build a planned unit development detached cottage homes which are coveted by transplanted Californian's moving into the area. Asante Rogue Regional Medical Center is is located within one mile of the subject. The Medical Center is in expansion mode and in need of housing in this tight market. Now is the the time to act.

  • Listing ID: 27264737

  • Date on Market: 12/7/2022

  • Last Updated:

  • Address: Barnett, Medford, OR 97504