4900 Cherry Ln LOT WP001, Medford, OR 97504

Great development/investment property with views in a desirable area of Medford. The property is right next to newer upscale subdivisions and close by to the Rogue Valley Country Club. It is split between lower-density development (up to 6 homes per acre) and higher density (up to 10 homes per acre). These mixed subdivisions have been very successful in the area, allowing for larger upscale homes and smaller, more affordable homes to be built. The adjacent subdivision has already brought the sewer close by, and according to the city, it should be easy and low-cost for this development to connect. The county has a real market value of over $6 million. This is a great deal on some of the best development land in Medford. Develop it now, or just put it in your portfolio and watch the value grow as the surrounding land is developed!