Springbrook Road
$3,600,000
133,293 / 3.06
Description
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...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.
- Listed by David Wright • RE/MAX Platinum
Property Details for Springbrook Road
Zoning
MFR-20
ViewCity
LISTING UPDATED: 10/29/2024 01:35 PM
Property Details for Springbrook Road
Status | Active |
---|---|
MLS # | 24046089 |
Days on Market | 65 |
Taxes | $7,539 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Multi Family |
Year Built | - |
Lot Size | 3.06 AC |
County | Jackson County |
Building Information for Springbrook Road
Building Size-Lot Size3.06 AC
Property Information for Springbrook Road
Schools near Springbrook Road
This home is within Medford School District 549c.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Kennedy Elementary School PublicK to 6 | ||
Hedrick Middle School Public6 to 8 | ||
North Medford High School Public9 to 12 | ||
The Valley School of Southern Oregon Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.