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$4,500,000

  • For Sale
  • Active
  • Commercial Land
  • 12.72 Acres
  • Updated 6 days ago
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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.

Full Property Details for 4692 Crater Lake Ave #600

General

  • Price: $4,500,000
  • Taxes: $1 (2025)
  • Status: Active
  • Type: Commercial Land
  • Source: ODS
  • MLS ID: 220200527
  • Updated: 2/17/2026
  • Added to Site: 302 day(s) ago

Location

  • County: Jackson
  • Subdivision: N/A
  • Cross Streets: Coker Butte
  • Driving Directions: Crater Lake Ave, coming from Coker Butte. You will see the signs.

School Information

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

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: None

Structural Information

  • Current Bldg. Use: Commercial

Lot Features

  • Property View: Mountain(s), Panoramic, Territorial, Valley
  • Mountain views: Yes
  • Lot Size (Acres): 12.72
  • Lot Size (Sq. Ft.): 554,083
  • Frontage: Shared Access
  • Street/Road Desc.: Paved
  • Irrigation System: None
  • Lot Features: Level
  • Zoning: Comercial
  • Fencing (Description): None

Financial Considerations

  • Tax Amount: $1
  • Tax Year: 2025
  • Terms: Cash

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 10460547
  • Section: Not Applicable
  • Lot Number: 600

Listed by Windermere Van Vleet & Assoc2 (541) 779-6520, Jeff Johnson (541) 941-6561

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Listing agent

— 4692 Crater Lake Ave #600 —

  • Jeff Johnson

    Windermere Van Vleet & Assoc2

    541-779-6520

541-292-2900

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 4692 Crater Lake Ave #600

School District:Medford School District 549
NameGradesDistance
Kennedy Elementary School, Medford, OR
2860 North Keeneway Drive, Medford, OR 97504
K-51.7 mi
Hedrick Middle School
1501 East Jackson Street, Medford, OR 97504
6-83.5 mi
North Medford High School
1900 N Keene Way Dr, Medford, OR 97501
9-122.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4692 Crater Lake Ave #600 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/28/2025
Listed
$4,500,000
-35.71%
MLS
1/03/2005
Sold
$7,000,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4692 Crater Lake Ave #600

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,409
2%
$770,160
3%
2024
$11,169
21%
$747,730
3%
2023
$9,247
5%
$725,960
6%
2021
$8,801
-3%
$684,294
-3%
2022
$9,029
3%
$704,820
21%
2021
$8,801
23%
$581,110
6%
2019
$7,129
3%
$547,760
3%
2018
$6,949
2%
$531,810
3%
2017
$6,835
2%
$516,330
3%
2016
$6,705
4%
$501,300
3%
2015
$6,423
1%
$486,700
3%
2014
$6,329
7%
$472,530
3%
2013
$5,932
—
$458,770
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 4692 Crater Lake Ave #600

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NMLS#: 1598647

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Listed by Windermere Van Vleet & Assoc2 (541) 779-6520, Jeff Johnson (541) 941-6561

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4692 Crater Lake Avenue #600, Medford, OR 97504 (MLS# 220200527) is a Commercial Land property with a lot size of 12.72 acres. 4692 Crater Lake Avenue #600 is currently listed for $4,500,000 and was received on April 28, 2025. Want to learn more about 4692 Crater Lake Avenue #600? Do you have questions about finding other Commercial Land real estate for sale in Medford? You can browse all Medford real estate or contact a Coldwell Banker agent to request more information.

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