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4692 Crater Lake Avenue #600, Medford, OR 97504

Medford
Local realty services provided by:CENTURY 21 Showcase Realtors®, Inc.
4692 Crater Lake Avenue #600,Medford, OR 97504
$4,500,000
  • 12.72 Acres
  • Lots / Land
  • Active
Listed by: jeff johnson
Office: john l. scott medford
MLS#:220200527
Source:OR_SOMLS

Price summary

  • Price:$4,500,000

About this home

Development has begun on this exceptional 12-acre development opportunity featuring approved commercial and apartment zoning within an Opportunity Zone. Design your custom apartment complex with the potential for approximately 300 residential units, ideally situated on the outskirts of Medford. This strategic location offers immediate tax advantages alongside strong long-term growth potential in an increasingly desirable market. Positioned within an established commercial zone and supported by an additional 180 acres of future development, the site presents outstanding possibilities--including long-term plans for a potential regional mall. Invest in scale, vision, and lasting value in a high-growth corridor primed for expansion.

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Home facts

  • Listing ID #:220200527
  • Added:157 day(s) ago
  • Updated:July 05, 2026 at 03:20 PM

Structure and exterior

  • Lot area:12.72 Acres
  • Lot Features:Level

Schools

  • High school:North Medford High
  • Middle school:Hedrick Middle
  • Elementary school:Kennedy Elem

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,500,000
  • Tax amount:$1 (2025)

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