About Springbrook Rd
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.
Features of Springbrook Rd
| MLS® # | 24046089 |
|---|---|
| Price | $3,600,000 |
| Bathrooms | 0.00 |
| Acres | 3.06 |
| Type | Land |
| Sub-Type | Multi Family |
| Status | Pending |
Community Information
| Address | Springbrook Rd |
|---|---|
| Area | 801 - Jackson Co: East Medford |
| City | Medford |
| County | Jackson |
| State | OR |
| Zip Code | 97504 |
Amenities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available |
|---|---|
| View | City |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Cul-de-sac |
|---|
School Information
| Elementary | Kennedy |
|---|---|
| Middle | Hedrick |
| High | North Medford |
Additional Information
| Date Listed | September 3rd, 2024 |
|---|---|
| Days on Market | 417 |
| Zoning | MFR-20 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX Platinum |
|---|