4692 Crater Lake Avenue #600, Medford, OR 97504 | MLS #220200527 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of John L. Scott Medford- MLS# 220200527MLS ProviderContact Information: 541-292-2900

4692 Crater Lake Avenue #600Medford, OR 97504

Vacant Land · 12.72 Acres
$4,500,000 Active

4692 Crater Lake Avenue #600 Overview

Time on Site:
427 days
Visits:
5

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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4692 Crater Lake Avenue #600 Facts & Features

  • Type Vacant Land
  • Lot 12.72 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Kennedy Elem
  • Middle Or Junior School: Hedrick Middle
  • High School: North Medford High

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Jackson
  • Subdivision Name: N/A

Tax Information

  • Tax Annual Amount: 1.0
  • Tax Year: 2025

General Information

  • Listing Terms: Cash
  • Parcel Number: 10460547
  • Property Sub Type: Commercial
  • Property Type: Land
  • Senior Community: false
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Total: 0

Unit Information

  • Unit Number: 600

Exterior

Lot Information

  • Additional Parcels: false
  • Irrigation Source: None
  • Irrigation Water Rights: false
  • Lot Features: Level
  • Lot Size Acres: 12.72
  • Lot Size Area: 12.72
  • Lot Size Square Feet: 554083.2
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: Mountain(s),Panoramic,Territorial,Valley

General Information

  • Fencing: None
  • Horse: false
  • Road Frontage Type: Shared Access
  • Sewer: Public Sewer
  • Utilities: None

4692 Crater Lake Avenue #600 Neighborhood

Community

97504 (Medford) Demographics

42
Median Age
1,028
Population Density (per sq. mile)
45%
College Educated
$62,219
Estimated Median Income
11,731
Estimated Total Home Owners
7,925
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4692 Crater Lake Avenue #600 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4692 Crater Lake Avenue #600 Market Data

Based on the last 30 days in this zip code

$627,112
Average List Price
$280
Average Price per Square Foot
68
Properties Sold
82
Average Days on Market
330
Properties for Sale
Calculations provided by Reliance Network

4692 Crater Lake Avenue #600 History

Date Event Value Agent
4/28/2025Source: Oregon Datashare Added to Database
April 28, 2025