1816 E Vilas Road, Medford, OR 97504

$13,900,000

Listing courtesy of Pulver and Leever Real Estate.

List Price
$13,900,000
MLS#
220110563
Status
ACTIVE
Type
Land
County
Jackson
City
Medford
Addition
N/A
Lot Size
9,038,700
Acres
207.5

Property Description

Sizeable mixed-use development property in Southern Oregon, located in the Opportunity Zone! Known as Coker Butte Development located in East Medford. The project is the result of the recent culmination of years-long regional planning process. The property has now been included within the City of Medford's Urban Growth Boundary making it eligible for development. The Urbanization and Annexation process is currently underway. The overall Croker Butte Development Plan consists of approx. 207.5-AC. Of that, approx. 79.1-AC has been master planned to allow for residential development and 52.3 -AC of commercial/multi-family development land. The current owners have entered into a gift pledge agreement with the Medford School district to donate approx. 19.6-AC for future school site, and approx. 30.8-AC to be donated to Medford Parks & Recreation Foundation. An existing 2 bdrm, 2-bath home sits on the North end of the property, which is currently rented. Broker Owned.

Additional Information

Tax Year
2020
Taxes
$17,049
Ccr
No
Utilities
Cable Available, Electricity Available, Fiber Optics Available, Natural Gas Available, Phone Available
View
Valley
Water
Public
Sewer
Public Sewer
Zoning
EFU
Cross Street
Crater Lake Hwy
Elementary School
Check With District
Middle School
Check With District
High School
Check With District

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: