$3,600,000
PENDING

0 Springbrook Rd Medford, OR 97504

Estimated payment $20,683/month

Total Views 2,043
3.06 Acres
$1,176,471 Price per Acre
133,294 Sq Ft Lot

Highlights

  • City View
  • Cul-De-Sac
  • No Heating
  • No HOA
  • Level Lot

About This Lot

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.

Listing Agent

David Wright

RE/MAX Platinum License #200004070

RE/MAX Platinum

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,539

Lot Details

  • 3.06 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • 4 Lots in the community
  • 10314511
  • Land Lease expires 2/12/25
  • Property is zoned MFR-20

Property Views

  • City Views

Schools

  • Hillside Elementary School
  • Hedrick Middle School
  • North Medford High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10824000

Property Details

Property Type

Land

Est. Annual Taxes

$7,539

Lot Details

0

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: Land
  • Manufactured Home Allowed: No
  • Property Sub Type: MultiFamily
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: Acres7to10

Exterior Features

  • Lot Size: 7 to 9.99 Acres
  • Waterfront: No
  • View: Yes
  • Road Frontage: Yes
  • Lot Features: Cul_de_sac
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • View: City

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, WaterAvailable
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: No

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kennedy
  • High School: North Medford
  • Middle Or Junior School: Hedrick
  • Elementary School #2: Hillside

Lot Info

  • Zoning: MFR-20
  • Present Use: RawLand
  • Additional Parcels Description: 10314511
  • Additional Parcels: Yes
  • Soil Condition: Native,SoilTestAvailable
  • Land Description: Level
  • Land Lease Expiration Date: 2025-02-12
  • Land Lease: Yes
  • Lot Size Acres: 3.06
  • Lot Size Sq Ft: 133293.0
  • Number Of Lots: 4
  • Parcel #: 10824000

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 7539.49
  • Tax Opportunity Zone: No

Map

Range of Values:

Collateral Analytics

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2024 11/11/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $3,600,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24046089

Regional Multiple Listing Service (RMLS)

Oregon Jackson County Medford 97504

0 Springbrook Rd, Medford, OR

Homes for Sale in Medford, OR

This home is located at 0 Springbrook Rd, Medford, OR 97504 and is currently priced at $3,600,000. 0 Springbrook Rd is a home located in Jackson County with nearby schools including Kennedy Elementary School, Hedrick Middle School, and North Medford High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

David Wright
Listing Agent
David Wright
Section Image
RE/MAX Platinum
(458) 213-8043