1816 E Vilas Road

    Medford, OR 97502
    • $18,900,000
    • STATUS: Active
    • ON SITE: 60 days
    • ID#: 2994174
    UPDATED: 150 min ago
    $18,900,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Windermere Trails End R.E.


    Description

    Presenting a rare opportunity to acquire a sizeable mixed-use development property in Southern Oregon! 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 Coker Butte Development Plan consists of approx. 210-AC. Of that, the current owners have entered into a gift pledge agreement with both the Medford School District to donate 20-AC for a future school site and the Medford Parks & Recreation Foundation to donate approx 23.5-AC for park land. The remaining approx 166.5-AC has been master planned to allow for 105-AC of residential development and 61.5-AC of commercial development. An existing 2-bdrm, 2-bath home sits on the North end of the property, which is currently rented. Broker owned.

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    © 2018 Southern Oregon Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or FORD REAL ESTATE. Data last updated: 2018-11-14T00:07:45.197.
    www.propertyofsouthernoregon.com/homes/87508970

    1816 E Vilas Road Medford, OR 97502

    • Price: $18,900,000
    • Status: Active
    • Updated: 150 min ago
    • ID#: 2994174
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    East Medford
    County:
    Jackson
    Area:
    East Medford
    Property Description
    Presenting a rare opportunity to acquire a sizeable mixed-use development property in Southern Oregon! 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 Coker Butte Development Plan consists of approx. 210-AC. Of that, the current owners have entered into a gift pledge agreement with both the Medford School District to donate 20-AC for a future school site and the Medford Parks & Recreation Foundation to donate approx 23.5-AC for park land. The remaining approx 166.5-AC has been master planned to allow for 105-AC of residential development and 61.5-AC of commercial development. An existing 2-bdrm, 2-bath home sits on the North end of the property, which is currently rented. Broker owned.
    Exterior Features

    Construction See Remarks Exterior See Remarks Fence Partial Land Type Resi Subd (10+Lots)RetailOfficeMixed-UseMulti-Fmly 5+ Units Parking Spaces 0 Roof See Remarks

    Interior Features

    Heat Type See Remarks

    Property Features

    Additional Features See Remarks Association Southern Oregon Multiple Listing Service Commercial Type Commercial Household Water Available See Remarks Lot Measurement Sqft Lot Size Source (Assessor) Multi Family Type Mobile Home Park Real Property Included No Sewer See Remarks Type Of Property Mixed Use Utilities Available Natural Gas AvailableElectricity Available Year Remodeled 0 Zoning Efu

    © 2018 Southern Oregon Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or FORD REAL ESTATE. Data last updated: 2018-11-14T00:07:45.197.
     
    FORD REAL ESTATE
    1166 Biddle Rd
    Medford OR, 97504
    Listing courtesy of Windermere Trails End R.E.