4692 Crater Lake Avenue, 600, Medford, OR 97504
$4,500,000
Property Type:
Land
Lot Size (sq. ft.):
554,083
Status:
Active
Current Price:
$4,500,000
List Date:
4/28/2025
Last Modified:
4/24/2026
Description
Development has begun on this exceptional 12-acre development opportunity featuring approved commercial and apartment zoning within an Opportunity Zone. Design your custom apartment complex with the potential for approximately 300 residential units, ideally situated on the outskirts of Medford. This strategic location offers immediate tax advantages alongside strong long-term growth potential in an increasingly desirable market. Positioned within an established commercial zone and supported by an additional 180 acres of future development, the site presents outstanding possibilities--including long-term plans for a potential regional mall. Invest in scale, vision, and lasting value in a high-growth corridor primed for expansion.
Supplements: ********
More Information MLS# 220200527
Location, Tax, and Legal
Unit Number: 600
Cross Street: Coker Butte
Section: Not Applicable
Parcel Number: 10460547
Tax Map Number: 37 1W05
Tax Lot: 600
Lot Size Acres: 12.72
Lot Size Square Feet: 554083
Additional Parcels YN: No
Contract Information
List Price per Acre: 353773.58
Original List Price: 4500000
Current Price: $4,500,000
Status: Active
List Price: $4,500,000
Listing Contract Date: 2025-04-28
General Property Information
Garage YN: No
Elementary School: Kennedy Elem
Middle Or Junior School: Hedrick Middle
High School: North Medford High
Zoning: Comercial
Tax Annual Amount: 1
Tax Year: 2025
Assessment 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: Ticor, S. Condello
FIRPTA YN: No
Sign On Property YN: Yes
Property Sub Type: Commercial
Remarks and Miscellaneous
Public Remarks: Development has begun on this exceptional 12-acre development opportunity featuring approved commercial and apartment zoning within an Opportunity Zone. Design your custom apartment complex with the potential for approximately 300 residential units, ideally situated on the outskirts of Medford. This strategic location offers immediate tax advantages alongside strong long-term growth potential in an increasingly desirable market. Positioned within an established commercial zone and supported by an additional 180 acres of future development, the site presents outstanding possibilities--including long-term plans for a potential regional mall. Invest in scale, vision, and lasting value in a high-growth corridor primed for expansion.
Directions: Crater Lake Ave, coming from Coker Butte. You will see the signs.
Assessment Comments: Property will be reassessed once the final plat is completed. Taxes will adjust accordingly.
Current Use
Commercial: 1
Easements
Access: 1
Utilities: 1
Fencing
None: 1
Listing Terms
Cash: 1
Flood
N/A: 1
Government Overlay
Opportunity Zone: 1
Home/Build Site
Applied For: 1
Irrigation Distribution
None: 1
Irrigation Source
None: 1
Lot Features
Level: 1
Railroad
Not Available: 1
Road Frontage Type
Shared Access: 1
Road Surface Type
Paved: 1
View
Mountain(s): 1
Panoramic: 1
Territorial: 1
Valley: 1
Power Production
None: 1
Sewer
Public Sewer: 1
Utilities
None: 1
Utilities Location
At Street: 1
Water Source
Public: 1
Documents on File
Brochure: 1
Call Listing Office: 1
Photos: 1
Plat Maps: 1
Special Listing Conditions
Standard: 1
Location Tax and Legal
Street Number: 4692
Street Name: Crater Lake
Street Suffix: Avenue
County: Jackson
State: OR
Postal Code: 97504
Subdivision Name: N/A
Status Change Information
Status Change Timestamp: 2025-04-28
Property Features
Current Use: Commercial
Easements: Access
Fencing: None
Flood: N/A
Government Overlay: Opportunity Zone
Irrigation Distribution: None
Irrigation Source: None
Lot Features: Level
Railroad: Not Available
Road Frontage Type: Shared Access
Road Surface Type: Paved
View: Mountain(s); Panoramic; Territorial; Valley
Power Production: None
Sewer: Public Sewer
Utilities: None
Utilities Location: At Street
Water Source: Public
Documents on File: Brochure; Call Listing Office; Plat Maps
Listing Terms: Cash
Special Listing Conditions: Standard
Listing Office:
John L. Scott Medford
Last Updated: April - 24 - 2026
Broker Attribution:
541-292-2900
Information deemed reliable but not guaranteed.
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