594 S Stage Rd, Medford, Oregon, United States | Residential Land For Sale at GLOBAL LISTINGS

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Residential Land For Sale

$6,470,000

594 S Stage Rd
Medford, Oregon, United States

Listed By: Realtyww Info

Listed On: 08/08/2024

Listing ID: GL11677391 View More Details

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.

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Listed by: Jim Frings