SPRINGBROOK RD Medford, OR $ 3,600,000
SPRINGBROOK RD
$ 3,600,000
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SPRINGBROOK RD

Medford, OR, 97504
$ 3,600,000
Baths0.0

Monthly Estimate*

$ 22,459

SPRINGBROOK RD, Medford, OR 97504 - Image 1
SPRINGBROOK RD, Medford, OR 97504 - Image 2
SPRINGBROOK RD, Medford, OR 97504 - Image 3
SPRINGBROOK RD, Medford, OR 97504 - Image 4
Studio

Lots and Land for sale in Medford, OR

for $3,600,000. The lot size is 3.06.

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.

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Lots and Land Pending

Price

$ 3,600,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 7,539

Style

MultiFamily

Lot Size

3.06

Town/City

Medford

County/Region

Jackson

MLS | Web ID

24046089

Features
General
Utilities CableAvailable ElectricityAvailable NaturalGasAvailable PhoneAvailable WaterAvailable
Zoning MFR-20
Property Subtype MultiFamily
Tax Year 2023
Current Use RawLand
Parcel Number 10824000
Additional Parcels Description 10314511
County Jackson
Property Type Land
HOA N
Status Pending
Directions Mc Andrews to Springbrook Lot is on the left or Crater Lake Ave to Delta Waters to Springbrook
High School North Medford
City Medford
Disclosures Exempt
MLS Area _801
Lot Size Square Feet 133293.0
Listing Terms Cash
Elementary School Kennedy
Tax Annual Amount 7539.49
Middle/Junior High School Hedrick
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description 371W17BD 1800 1801 4900 10300
Land Lease Expiration Date 2025-02-12
ADU False
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Exterior
Lot Features Cul_de_sac
Lot Size Acres 3.06
Road Surface Type Paved
Number of Lots 4
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* Excluded Features
List By
Re/Max Platinum

Broker

Saulyman001@gmail.com

Email

Affordability Calculator

$23,088
Per Month
97%
3%
0%
Monthly Principal & Interest
$22,459
Monthly Property Taxes
$628
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4634829 Elementary School
1950916 Middle School
North Medford High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2024$3,600,000 Listed Price

Map


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SPRINGBROOK RD, Medford, OR, 97504 is a Lots and Land for sale at $3,600,000 with a lot size of 3.06. SPRINGBROOK RD is a studio with 0.0 baths. The property's zip code is 97504 which is in Medford, OR