Medford, OR 97504,0 Cherry LN
Medford, OR 97504,0 Cherry LN
Medford, OR 97504,0 Cherry LN
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Mike Marshall On Maui

Mike Marshall On Maui

The Pono Group of Real

+1(808) 495-8929
$9,800,000
Est. payment /mo
7,274,520 SqFt
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential Lots

Listing Status Active

Purchase Type For Sale

Square Footage 7,274,520 sqft

Price per Sqft $1

MLS Listing ID 220179075

Annual Tax Amount $16,104

Lot Size 167.000 Acres

Acres 167.0

Lot Dimensions 167.0

Property Sub-Type Residential Lots

Property Description

An opportunity to own 1% of the total land area of Medford, Oregon - welcome to The Highlands. 167-acres on one tax lot, The Highlands is tucked in the East Medford hills & commands the most desirable location & views. Ideally situated for a luxury development site, there is a grandfathered PUD laying out 800+ units of detached SFR, condos, & townhomes as well as senior living facilities & multifamily sites. Developers could utilize The Highlands to deliver a market-defining project. Combining world-class views with convenience, each residence located within The Highlands will be <10 mins to grocery, dining, Asante hospital, recreation, & <15 mins to RV Intl. Airport & I-5 access. Sharing a property line, Prescott Park offers 17+ miles of public trails next door. Utilities are stubbed/close, believed to have adequate capacity for the first few phases of development. Take advantage of great demographics and a growing market with The Highlands! Buyers to complete all due diligence.

Location

State OR

County Jackson

Exterior

Community Features Access to Public Lands, Park, Trail(s)

Utilities Available Cable Available, Electricity Available

Garage No

Building

Lot Description Adjoins Public Lands

Water Public, Other

Schools

High Schools North Medford High

Others

Senior Community No

Tax ID 10935881

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Special Listing Condition Standard


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Oregon Data Share
Listed by Merit Commercial RE, LLC
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Mike Marshall On Maui

+1(808) 495-8929

Agent | License ID: 78986

Agent License ID: 78986

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