Midway Road Tax Lot 201 Unit Tax Lot 201, Medford, OR 97501

$2,150,000

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List Price
$2,150,000
Price Change
▼ $1,000,000 1789703994
MLS#
220213291
Status
ACTIVE
City
Medford
County
Jackson

Property Description

This 4.70-acre site zoned MFR-30 allows for up to 141 units. However, it may be possible (not guaranteed) to build up to 213 Congregate Senior Units, or up to 172 regular Senior apartment units as entitled for this property under an existing PUD (planned unit development). Existing AS-IS architectural designs and conceptual plans are included. Storm drain & city water are on site. The Main Entry on Table Rock Road, has large iron gates and mature landscaping. Direct access for construction will be from Midway Road only. Property is part of a Senior Retirement Campus located in North Medford, near bus lines, churches, shopping and city services. Land contour is flat and has surrounding views of mountains & neighborhoods. For a larger development, the adjoining 2.57-acre assemblage zoned MFR-20, Tax Lots 2100, 2200, 2300 and 2400 on Swing Lane, is also available from the same seller. A Third Phase is shown in the conceptual designs. Broker is part owner.

Additional Information

Taxes
$9,413
Acres
4.70
View
Neighborhood
Water
Public
Elementary School
Howard Elem
Middle School
Mcloughlin Middle
High School
South Medford High

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Listing courtesy of Dayspring Real Estate Corp.

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