Springbrook Road

Medford, OR 97504

$3,600,000
Price
133,293 / 3.06
Lot Size / Acres

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.
  1. Listed by David Wright • RE/MAX Platinum

Property Details for Springbrook Road

Zoning
MFR-20
View
City
LISTING UPDATED: 10/29/2024 01:35 PM

Property Details for Springbrook Road

StatusActive
MLS #24046089
Days on Market65
Taxes$7,539 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Multi Family
Year Built-
Lot Size3.06 AC
CountyJackson County

Building Information for Springbrook Road

Building Size-Lot Size3.06 AC

Property Information for Springbrook Road

Summary
Location and General Information
  • Country: US
  • Directions: Mc Andrews to Springbrook, Lot is on the left or Crater Lake Ave to Delta Waters to Springbrook
  • Road Surface: Paved
School Information
  • Elementary School: Kennedy
  • Elementary School 2: Hillside
  • High School: North Medford
  • Middle Or Junior School: Hedrick
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $7,539.49
  • Parcel Number: 10824000
  • Tax Legal Description: 371W17BD 1800,1801, 4900, 10300
Property
Lot Information
  • Acres: 3.06
  • Additional Parcels Description: 10314511
  • Lot Description: Cul_de_sac
  • Lot Size Square Feet: 133293.0
  • Number Of Lots Total: 4
  • Current Use: Raw Land
  • Land Description: Level
  • Lot Size Range: Acres7to10
  • Lot Size: 7 to 9.99 Acres
Property and Assessments
  • Property Sub Type: Multi Family
  • Property Type: Land
Utilities
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
Interior and Exterior Features
Exterior Features
  • Soil Condition: Native, Soil Test Available

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.

Springbrook Road is a 3.06 ac of land for sale in Medford, OR 97504. This property was listed for sale on September 3, 2024 by RE/MAX Platinum, it's currently listed at $3,600,000. This listing's school district is Medford School District 549c. Nearby schools include Kennedy Elementary School, Hedrick Middle School and North Medford High School. Springbrook Road is a 0-bed, 0-bath, 3.06 ac of land on a 133,293 sq. ft. / 3.06 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Platinum

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 10/29/2024 01:35 PM