252 De Barr Avenue
$950,000
Description
252 De Barr Avenue,
Medford,
OR
97501
Attention Builders & Developers! Prime Development Opportunity! Rarely available 2-acre lot in the city, offering enormous potential for multi-family development. Adjacent to MFR-20 zoning with an Urban High-Density Overlay, this property is primed for rezoning to support up to 40 units--without the delays or expense of a traffic study! Alternatively, explore the possibility of MFR-30 zoning, allowing for up to 60 units with a traffic study. The value is in the land and its location, making it an ideal investment for developers looking to capitalize on the growing demand for high-density housing. Don't miss this exceptional opportunity!
This is an Active listing.
Broker Office Phone Number: 541-770-3325
Copyright © 2024Southern Oregon MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: RE/MAX Integrity via Data Source: Southern Oregon MLS
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Price History
date | price | variance | type |
---|
9/24/2024 | $950,000 | - | Listed |
listing agent: Denisse Mendoza Gutierrez