$9,800,000
0 Cherry LaneMedford, OR 97504
Medical building (from the listing description) · MLS 11556114 · Listed 957 days ago (Mar 22, 2024)
Active: Listed and available according to the MyStateMLS feed.
About this property
Merit Commercial Real Estate and LandLeader have been exclusively retained to market for saleThe Highlands, a landmark development offering encompassing the bulk of East Medford proper.The Highlandsstands as a legacy property, offering a visionary developer the perfect blank slate for a luxury single-family and mixed use product. Encompassing 167 acres of prime residential development land,The Highlandsallows a developer to step into a high-end south-facing development site at scale in one of the most desirable neighborhoods in Southern Oregon. The original, grandfathered PUD lays out a large-scale development consisting of a majority of single-family homes, as well as senior-living facilities, condos, townhomes, and multifamily. A developer isn't limited to this layout, but could use the master plan and deliver a market-defining project. Speaking to the scale of the project,The Highlandsoffering is 1.00% of the total land supply of Medford, Oregon. Combining world-class views with convenience, each residence located within The Highlands is less than 10 minutes to every necessity, including grocery, dining, Asante Rogue Regional Medical Center, healthcare clinics and practices, recreation, and much more. Rogue Valley International Airport, as well as I-5 access are also less than 15 minutes away. Directly adjacent to the North, Prescott Park (Roxy Ann Peak) offers over 17 miles of hiking and biking trails, and is one of the most accessible and desirable parks in the Rogue Valley. All utilities are either stubbed directly to the property or within close proximity. Water, sewer, and stormdrain are available, and high-capacity power run the length of the site into the adjacent Pacific Power substation. The topography is usable and allows for desirable view lots/homes; 75%+ of the site is under a 25% slope. The Rogue Valley has consistently proven itself as a growing market, with demand for high-quality luxury single-family and higher-density product. East Medford is the most desirable area in the region with very strong income and employment demographics. Buyer to do all due diligence regarding the requirements and associated costs of development (including but not limited to applications, permits, improved access, required offsites, utility availability and extension, etc.) Any density/configuration is subject to final approval.
Description provided by the listing brokerage.
Key facts
- Asking price
- $9,800,000
- Original list price
- $11,000,000
- Status
- For sale
- Property type
- MedicalFrom the listing description
- Land area
- 167 acresSource field LotSizeAcres
- MLS number
- 11556114
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $9,800,000
Building and site
- County
- Jackson County
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Medford or medical building in Medford.
Why this listing is on Commercial Only
- Property type as the listing describes it. (description: "…grocery, dining, asante rogue regional medical center, healthcare clinics and practices, recr…")
- MLS property class detail. (PropertyTypeDetail: commercial)
How listings qualify. Something wrong? Report it.
Price and status history
- Original list price reported by the brokerage: $11,000,000
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
Guides
Listing courtesy of US LAND CO. Listing agent: Garrett Zoller, ALC. Listings provided by MyStateMLS.
Listing last modified at the source Jul 23, 2026, 12:25 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 7:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.