Scott King 

Principal Broker - (541) 890-6708

Caspian Hoehne 

Broker - (541) 944-9967

For more information, contact us anytime at:

(541) 944-9967 / caspian@merit-commercial.com

The Highlands OM (2).pdf

Merit Commercial Real Estate and LandLeader have been exclusively retained to market for sale The Highlands, a landmark development offering encompassing the bulk of East Medford proper. The Highlands stands 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 Highlands allows 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 Highlands offering 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.

Disclosure

Disclosure: This offering memorandum is intended for only the party receiving it from Merit Commercial Real Estate and/or LandLeader NW (hereinafter referred to as the "Listing Offices"), and should not be made available to any other reviewing entity without the prior written consent of the Listing Offices. All information included in this offering memorandum has been obtained from sources deemed reliable, however, Owner, the Listing Offices, and/or their representatives make no representations or warranties, expressed or implied, as to the accuracy of the information, and makes no warranty or representation into the exact state of the property, the presence of contaminating substances, PCB's or asbestos, the property or owner's compliance with State and Federal regulations, or the physical condition of any improvements on the property. The recipient of this document must independently verify the information and assumes any and all risk for  inaccuracies contained herein. The information contained in this offering memorandum is not a substitute for a thorough due diligence investigation.