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0 Crater Lake Avenue, 11.27, Medford, OR 97504

$5,635,000
Property Type: Land Lot Size (sq. ft.): 487,872 Status: Active
Current Price: $5,635,000 List Date: 5/02/2025 Last Modified: 4/24/2026

Description

Prime commercial opportunity awaits on 11.27 acres just outside Medford's. This shovel-ready property offers immediate development potential with utilities delivered street-side to each lot by an established developer. Located within Medford's coveted Opportunity Zone, investors gain substantial tax advantages while positioning their business in a rapidly expanding 187-acre master-planned community. This project has already secured all necessary approvals—simply bring your commercial vision and watch it materialize with support from a respected local development team. As part of the City of Medford, this property presents versatile options for retail, medical, hospitality, or mixed-use concepts. Act now as surrounding residential lots are selling quickly, ensuring a built-in customer base at your doorstep. Don't miss this rare combination of prime location, tax incentives, and development-ready status in Southern Oregon's fastest-growing corridor.

Supplements: ********

More Information MLS# 220200854

Location, Tax, and Legal

Unit Number: 11.27 Cross Street: Crater Lake Hwy Section: Not Applicable Parcel Number: 10460547 Tax Lot: 600 Lot Size Acres: 11.2 Lot Size Square Feet: 487872 Additional Parcels YN: No

Contract Information

List Price per Acre: 503125 Original List Price: 5635000 Current Price: $5,635,000 Status: Active List Price: $5,635,000 Listing Contract Date: 2025-05-02

General Property Information

Garage YN: No Elementary School: Kennedy Elem Middle Or Junior School: Hedrick Middle High School: North Medford High Zoning: EFU Tax Annual Amount: 1 Tax Year: 2024 Potential Tax Liability YN: No Irrigation Water Rights YN: No CC&R's YN: No Association YN: No Senior Community YN: No Horse Property YN: No Manufactured Structure Allowed YN: No Preferred Escrow Company & Officer: Stacy Condello Ticor Title FIRPTA YN: No Sign On Property YN: Yes Property Sub Type: Commercial

Remarks and Miscellaneous

Public Remarks: Prime commercial opportunity awaits on 11.27 acres just outside Medford's. This shovel-ready property offers immediate development potential with utilities delivered street-side to each lot by an established developer. Located within Medford's coveted Opportunity Zone, investors gain substantial tax advantages while positioning their business in a rapidly expanding 187-acre master-planned community. This project has already secured all necessary approvals—simply bring your commercial vision and watch it materialize with support from a respected local development team. As part of the City of Medford, this property presents versatile options for retail, medical, hospitality, or mixed-use concepts. Act now as surrounding residential lots are selling quickly, ensuring a built-in customer base at your doorstep. Don't miss this rare combination of prime location, tax incentives, and development-ready status in Southern Oregon's fastest-growing corridor. Assessment Comments: Taxes will adjust upon final partitioning.

Current Use

Commercial: 1

Easements

Utilities: 1

Listing Terms

Cash: 1 Conventional: 1

Home/Build Site

Applied For: 1

Lot Features

Level: 1 Native Plants: 1

Railroad

Not Available: 1

Road Frontage Type

Shared Access: 1

Road Surface Type

Paved: 1

Soil Type

Mixed: 1

View

Mountain(s): 1 Territorial: 1

Power Production

None: 1

Sewer

Public Sewer: 1

Utilities

Electricity Available: 1

Utilities Location

At Street: 1

Water Source

Public: 1

Special Listing Conditions

Standard: 1

Location Tax and Legal

Street Name: Crater Lake Street Suffix: Avenue County: Jackson State: OR Postal Code: 97504 Subdivision Name: N/A

Status Change Information

Status Change Timestamp: 2025-05-02

Property Features

Current Use: Commercial Lot Features: Level; Native Plants Railroad: Not Available Road Frontage Type: Shared Access Road Surface Type: Paved Soil Type: Mixed View: Mountain(s); Territorial Power Production: None Sewer: Public Sewer Utilities: Electricity Available Utilities Location: At Street Water Source: Public Listing Terms: Cash; Conventional Special Listing Conditions: Standard
Listing Office: John L. Scott Medford
Last Updated: April - 24 - 2026
Information deemed reliable but not guaranteed.