$6,470,000
594 Stage RD Medford, OR 97501
3
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$6,470,000
Est. payment /mo
1,409,166 SqFt
Active
594 Stage RD Medford, OR 97501
UPDATED:
08/07/2024 08:37 PM
Key Details
Property Type Vacant Land
Sub Type Agriculture
Listing Status Active
Purchase Type For Sale
Square Footage 1,409,166 sqft
Price per Sqft $4
MLS Listing ID 220187791
Annual Tax Amount $1,250
Lot Size 32.350 Acres
Acres 32.35
Lot Dimensions 32.35
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.
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.
Location
State OR
County Jackson
Exterior
Utilities Available Cable Available, Electricity Available, Fiber Optics Available, Natural Gas Available, Phone Available
Garage No
Building
Lot Description Corner Lot, Fenced, Level, Pasture
Water Well
Schools
High Schools South Medford High
Others
Senior Community No
Tax ID 1041869
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Special Listing Condition Standard
Listed by RE/MAX Platinum
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