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Sold
  • $2,400,000

    Springbrook Rd, Medford, OR 97504

    --beds
    0baths
    3.06Acres
    Unimproved Land, Multi Family
    Built in ----
    3.06 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Wright 541-613-1683,

    RE/MAX Platinum

    Bought with:

    OR and WA Non Rmls, NA

    Non Rmls Broker

    Source: RMLS (OR),MLS#: 24046089MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Features
    • Has view: Yes
    • View description: City
    Lot
    • Size: 3.06 Acres
    • Features: Cul-De-Sac, Level, Acres 7 to 10
    Details
    • Additional parcels included: 10314511
    • Parcel number: 10824000
    • On leased land: Yes
    • Land lease expiration date: 1739318400000
    • Zoning: MFR-20

    Utilities & green energy

    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

    Community & neighborhood

    Location
    • Region: Medford

    Other

    Other facts
    • Listing terms: Cash
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/31/2025Sold$2,400,000-33.3%
    Source: RMLS (OR) #24046089 Report a problem
    11/11/2024Pending sale$3,600,000
    Source: RMLS (OR) #24046089 Report a problem
    9/3/2024Listed for sale$3,600,000
    Source: RMLS (OR) #24046089 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 97504

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Kennedy,Hillside
    • Middle: Hedrick
    • High: North Medford

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.