594 S Stage Road, Medford, OR 97501

$6,470,000

Listing courtesy of RE/MAX Platinum.

List Price
$6,470,000
MLS#
220187791
Status
ACTIVE
City
Medford
County
Jackson

Property Description

**Prime Development Opportunity in Southwest Medford** Discover the potential of this prime 32.35 acres of building development land in the Rogue Valley, located in the rapidly growing southwest Medford area. Recently annexed into the city, this land is poised for immediate development. Comprehensive traffic studies are in process and surveys and geotechnical studies are complete, making it ideal for single-family homes. townhomes in addition to a 100' commercial buffer along the soon redeveloped South Stage Road. This will allow commercial business development along S Stage Road. Adding to its appeal, the DEQ is in the process of issuing a 'No Further Action' letter, ensuring a smooth path forward for developers. Utilities are close by and the property has recently been fenced. 4 homes on the SW corner of the property are currently generating rental income of $4,800 per month.

Additional Information

Taxes
$1,250
Acres
32.35
View
Mountain(s), Territorial
Water
Well
Elementary School
Griffin Creek Elem
Middle School
Mcloughlin Middle
High School
South Medford High

Mortgage Calculator

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Calculator source: Real Geeks

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