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About the Listing 1PMG01 - MILLENPA
Prime 6.97-acre parcel with MFR-15 zoning allowing 10-15 units/acre. Truly a beautiful piece of land, this stunning property offers panoramic views across the valley to the west with breathtaking sunsets. Surrounded by upscale custom homes in the desirable Hillcrest/Cherry Lane area. Perfect for multifamily or residential development, it provides flexibility to build on a single tax lot (no need to split-multifamily can be built on 1 tax lot) or split into multiple lots. Annexed into the city in 2008, it's a part of the SE Medford plan for medium-to-high density housing, making it a rare opportunity with incredible development potential. Conveniently located in a lovely neighborhood, this site combines beauty and functionality for your next project. Buyer to perform own due diligence with the City of Medford. All information is deemed reliable but not guaranteed. Buyer to do all of their own due diligence to verify all information.
Listing Highlights for 5111 Cherry Ln
Status
Active
Days on Site
294
Property Type
Vacant Land
MLS ®
24418854
Year Built
Total Square Footage
0
Lot/Acreage
6.97
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Gentle Sloping,Level,Cleared,Corner Lot,Public Road
- Garage Capacity: N/A
- Zoning: MFR-15
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $2,758
- Taxes w/Assessments: N/A
- Tax/Property ID: 10721991
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
5111 Cherry Ln Medford, OR 97504
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