Midway RD #Tax Lot 201, Medford, OR 97501
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Midway RD #Tax Lot 201, Medford, OR 97501
Midway RD #Tax Lot 201, Medford, OR 97501
Midway RD #Tax Lot 201, Medford, OR 97501
Midway RD #Tax Lot 201, Medford, OR 97501
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Jordyn Therrell

Jordyn Therrell

+1(503) 724-5908
$ 2,150,000
Est. payment /mo
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Price Dropped by $1.0M

Midway RD #Tax Lot 201 Medford, OR 97501

204,732 SqFt

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 204,732 sqft

Price per Sqft $10

MLS Listing ID 220213291

Annual Tax Amount $9,413

Lot Size 4.700 Acres

Acres 4.7

Lot Dimensions 4.7

Property Sub-Type Commercial

Property Description

This 4.70-acre site zoned MFR-30 allows for up to 141 units. However, it may be possible (not guaranteed) to build up to 213 Congregate Senior Units, or up to 172 regular Senior apartment units as entitled for this property under an existing PUD (planned unit development). Existing AS-IS architectural designs and conceptual plans are included. Storm drain & city water are on site. The Main Entry on Table Rock Road, has large iron gates and mature landscaping. Direct access for construction will be from Midway Road only. Property is part of a Senior Retirement Campus located in North Medford, near bus lines, churches, shopping and city services. Land contour is flat and has surrounding views of mountains & neighborhoods. For a larger development, the adjoining 2.57-acre assemblage zoned MFR-20, Tax Lots 2100, 2200, 2300 and 2400 on Swing Lane, is also available from the same seller. A Third Phase is shown in the conceptual designs. Broker is part owner.

Location

State OR

County Jackson

Direction Head North on Table Rock Road to Midway Road make right turn, property entrance on right past the townhome development.

Exterior

Community Features Gas Available

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available

Garage No

Building

Lot Description Fenced, Level

Water Public

Schools

High Schools South Medford High

Others

Senior Community No

Tax ID 10486768

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by Dayspring Real Estate Corp
Jordyn Therrell

Jordyn Therrell

Broker License ID: 201244288

+1(503) 724-5908

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Midway RD #Tax Lot 201