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Tax Lot 201 Midway Road - Entitled Land-225 Congregate-172 Senior Units 4.7 Acres of Commercial Land Offered at $4,277,700 CAD in Medford, OR 97501
Investment Highlights
- Entitlements for up to 225 Congregate Senior Units or up to 172 regular Senior Apartments are in place under PUD
- Save years of entitlement application time, develop now!
- Gated Community with beautiful Rod Iron Entry Gates on main arterial entry
Executive Summary
Develop up to 225 Entitled Congregate Senior Units, or up to 172 regular apartment units on this 4.70-acre site.
Property is part of a Senior Campus under a PUD approval with entrance from Table Rock Rd and Midway Rd.
For a larger development, the adjoining 2.57-acre assemblage zoned MFR-20, Tax Lots 2100, 2200, 2300 and 2400 on Swing Lane, (providing a 3rd point of campus entry) is also available from the same seller
Existing architectural designs and conceptual plans included in sale.
Listing Broker Luis J Jauregui Jr is part owner and a principle of the Seller.
Property Facts
| Price | $4,277,700 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Apartment Units - Senior |
| No. Lots | 1 | Total Lot Size | 4.70 AC |
| Property Type | Land | Cross Streets | Table Rock Road |
| Zoning | MFR-30 - Multiple Family Residential, 30 units per acre. Has density bonus under approved PUD. | ||
| Price | $4,277,700 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units - Senior |
| Total Lot Size | 4.70 AC |
| Cross Streets | Table Rock Road |
| Zoning | MFR-30 - Multiple Family Residential, 30 units per acre. Has density bonus under approved PUD. |
1 Lot Available
Lot 201
| Price | $4,277,700 CAD | Lot Size | 4.70 AC |
| Price Per AC | $910,148.96 CAD |
| Price | $4,277,700 CAD |
| Price Per AC | $910,148.96 CAD |
| Lot Size | 4.70 AC |
Lot is level and accessible from Midway Road as well as main campus entrance on Table Rock Road (Arterial) 24-inch Storm drain & 8-inch city water line brought on site, other services in street.
Description
The Property is well located in North Medford Oregon near bus lines, churches, shopping and city services. Land contour is flat and has surrounding views of mountains and neighborhoods. The Main Entry is located on Table Rock Road and has large iron gates and beautiful mature landscaping. Direct access for construction will be from Midway Road. This site is Phase Two of a Two Phase Senior Campus. Phase One is fully operating. A Third Phase for the campus is shown in the conceptual designs and additional acreage as shown in site plan may also be purchased from same Seller.
Property Taxes
| Parcel Number | 10486768 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $895,320 CAD |
Property Taxes
Presented by
Dayspring Real Estate Corporation
Tax Lot 201 Midway Road - Entitled Land-225 Congregate-172 Senior Units
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