S STAGE RDMedford, OR97501

$1,850,000
8.7 acres
Acres7to10
Elementary School: Griffin Creek
Middle School: McLoughlin
High School: South Medford
Zoning: SFR-00
159 days on market
Tour

VestorFilter™

Recent price drop$100,000
Price per acre$212.6K/ac
Time on market159 days

Property Description

Welcome to the Kings Highway offering, an opportunity for commercial development with great scale. Located in the growing City of Medford, this recently annexed property is positioned to allow a developer to move quickly. Kings Highway is located in a convenient path for growth and is ideally positioned for easy access to downtown Medford and both the charming towns of Ashland and Jacksonville. The commercial offering has also recently been annexed into Medford, and may be developed as either a typical commercial (shopping center, market, etc.) or multifamily, with density between 20-30 units/acre. There are no known significant off-site development requirements, as the infrastructure to serve this project is presently available with adequate capacity. Buyer to complete all due diligence.

{{ compliance-logo }}Listing Provided By Merit Commercial Real Estate, LLC.

Financial Data

Price ChangeDropped $100,000 on 03/26/2024
Total $100,000 drop
Original Price$1,950,000
Current Price$1,850,000
Property Taxes$3,052

Find On Map

Home Facts

StatusActive
MLS ID23366804