Medford, Oregon
1840 S Stage Road Commercial Development Opportunity in Growing City of Medford
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- Welcome -
Welcome to the Orchard Home Commercial Development, an amazing opportunity for residential, commercial, and multifamily development. Located in the growing city of Medford Oregon, this property is well-positioned to be a prime development.
With approximately 5.3 acres slated for commercial zoning,, this project has potential with great scale! This commercial project can be developed either as commercial, multifamily, or a combination of both. If developed as multifamily, there is a maximum density of 30 units per acre and a minimum density of 20 units per acre. This southwest Medford location has also had consistent demand for new housing, with very few opportunities such as the Orchard Home Commercial Development. This development is at the intersection of Orchard Home Drive and South Stage Road, a convenient path for growth and is ideally positioned for easy access to downtown Medford, while also being a short commute to both the charming towns of Ashland and Jacksonville. Another benefit is that the infrastructure to serve this project is presently available in the immediate area (buyer to complete due diligence). For years, Southern Oregon has been one of the most sought-after destinations on the west coast for individuals and families to move to. The housing market in Medford has been on an upward trend since 2008, and has since experienced consistent growth in population, employment, and wages, which has led to a strong demand for housing.
- 1840 S Stage Road -
- Location -
Rental apartments in Southern Oregon's metro area consistently reports vacancy rates below 3.0%, far below the 5.0% rate that represents a normal supply-demand balance. Centrally located on the I-5 Corridor between the San Francisco Bay Area and the metropolitan areas of Portland and Seattle, Medford is known for its mild mediterranean climate and attractive small town culture. Southern Oregon enjoys incredible natural beauty, abundant water and a distinct four seasons with a mild winter. Regional attractions include Crater Lake National Park, the world-renowned Rogue River, Oregon Shakespeare Festival and an emerging Wine Industry with many beautiful vineyards and incredible wineries. There are over 300,000 people that call this area home. Additionally, the Medford area is the retail and medical hub for Southern Douglas, Curry and Klamath counties as well as Siskiyou County (Northern California). Buyer to do all due diligence regarding the requirements and associated costs of development (including but not limited to applications, permits, improved access, required offsites, utility availability and extension, etc.). Please note that any density/configuration is subject to final approval; buyer to complete due diligence.
The property has a physical address of 1840 S Stage Road, Medford, Oregon 97501. It is made up of 1 tax lot and 2 account numbers as shown in the table below.
Township
Range
Section
Tax Lot
38S
2W
1BC
1200
Account #
Acres
10442662
+/- 5.3
30000029
0
Total
Access: Access is via multiple points off of paved South Stage Road and paved Orchard Home Drive Present Land Use: Vacant land for development after annexation (in process) 2022 Taxes: To be determined Zoning: EFU - slated to be +/- 5.3 acres Commercial Elevations: +/-1,520’ above sea level Topography: Mostly level Domestic Water: Public water services will be utilized (not yet extended) Sanitation: Public sanitation services will be utilized (not yet extended) Utilities: Available along road frontage(s)
- Southern Oregon -
Centrally located - Southern Oregon is strategically located midway between Portland and San Francisco on Interstate 5, with convenient connections to the Oregon coast via Highway 199 and to eastern Oregon via Highways 62 and 140. This good transportation network helps link the most populated cities in the region of Medford, Ashland, Jacksonville, and Grants Pass. Outdoor lifestyle paradise – if there is something related to the outdoors that you love doing, you can do it here! Recreation in the area is vast and there is no shortage of hiking trails, fishing holes, or live water activities due to the abundance of rivers and lakes. The region is home to a wide array of natural amenities like Crater Lake, the Oregon Caves National Monument, and the Rogue River. The area enjoys a mild Mediterranean climate with four distinct seasons and mild winter. Great Climate - From a climate perspective, Southern Oregon offers the most diverse growing conditions in Oregon and arguably in the United States. According to a local climatologist, Dr. Greg Jones, the maritime air masses that originate over the Pacific are cooled by the ocean currents offshore and moderate the climate of the region.
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Chris Martin | Ashley Lacer | Alex Larson Licensed in the State of Oregon 541.660.5111 Team@MartinOutdoorProperties.com