Springbrook Rd
Medford, OR 97504
- – beds
- – baths
- – sqft
- ~3 acre lot
- – on site
Rare opportunity for a builder to acquire a high-density multi-family development located within an infill location in one of the most desirable parts of Medford. Entitlements have been completed and approved for a 168-unit apartment complex. Property is situated next to a public parkand Kennedy Elementary School, offering convenient access to both recreational and educationalfacilities, ensuring a desirable living environment close to essential amenities. There is asignificant undersupply of housing within the Rouge Valley which will further enhance the end value.No comparable opportunities are available in terms of size and location. This is the last parcelavailable in this area.
Last checked:
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Last updated Nov 11, 2024
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MLS# 24046089 —
Financial & Terms
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Bank Owned:false
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Land Lease:true
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Short Sale:false
Location
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Directions:Mc Andrews to Springbrook, Lot is on the left or Crater Lake Ave to Delta Waters to Springbrook
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Latitude:42.355245
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Longitude:-122.848229
The Property
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Parcel Number:10824000
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Property Type:Land
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Property Subtype:MultiFamily
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Land Description:Level
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# of Lots:4
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Lot Features:Cul_de_sac
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Lot Size Range:Acres7to10
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Lot Size Acres:3.06
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Lot Size SqFt:133293.0
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Zoning:MFR-20
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Current Use:RawLand
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View:true
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View Description:City
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Waterfront:false
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Soil Condition:Native,SoilTestAvailable
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Existing Structures:false
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Property Attached:false
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Additional Parcels:true
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Additional Parcels Description:10314511
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Road Frontage:true
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (541) 613-1683
- Office phone:
- (541) 734-5500
Taxes
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Tax Year:2023
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Tax Legal Description:371W17BD 1800,1801, 4900, 10300
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Tax Annual Amount:7539.49
Heating & Cooling
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Heating:false
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Cooling:false
Utilities
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Utilities:CableAvailable,ElectricityAvailable,NaturalGasAvailable,PhoneAvailable,WaterAvailable
Schools
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Elementary School:Kennedy
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Elementary School:Hillside
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Middle Or Junior School:Hedrick
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High School:North Medford
Parking
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Attached Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/11/24
Nov 11, 2024
|
Pending | RMLS | $3,600,000 | |
9/3/24
Sep 3, 2024
|
Listed / Active | RMLS | $3,600,000 |