Listed by: John Ford · Ford Real Estate

$175,000
  • 0.25 acres

1233 Corona Avenue, Medford, OR 97504

Est. $965/moPayment calculator
  • Residential LotsHome type
  • 0.25 acresLot
  • NoneHOA

About this home

  • Listed Oct 2, 2026
  • 1 day on market
  • 10 photos

Prime Medford Development Opportunity! This .25 acre lot, currently zoned SFR-4 providing potential for residential development, & ideally positioned to convert to commercial use with a large number of high density residential units or a multi-story medical complex. This property offers investors, developers, and business owners the opportunity to secure a strategically located parcel with the potential to convert to commercial zoning. Its convenient Medford location provides easy access to established neighborhoods, shopping, dining, medical services, and major transportation routes. Whether you're looking to develop a business location, hold for future appreciation, or pursue a commercial investment project, this property offers valuable flexibility and potential. Buyer to conduct their own due diligence with the City of Medford regarding zoning conversion, permitted uses, utilities, access, and development requirements. The adjoining parcel is also for sale in conjunction.

Facts & features

Property

Lot size
0.25 acres
Subdivision
N/A

Construction

Home type
Residential Lots
Property type
Land

Utilities

Sewer & water

  • None
  • None water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Jackson

Financial & listing details

List price
$175,000
Annual property tax
$965
Date on market
Oct 2, 2026
Days on market
1
MLS#
220229495

Price & status history

DateEventPrice
Oct 2, 2026Listed for sale$175,000

Neighborhood

  • SubdivisionN/A
  • CityMedford, OR 97504
  • CountyJackson

Payment calculator

Estimated monthly payment

$965/mo

  • Principal & interest$885
  • Property taxes$80
  • Homeowners insurance$0
  • HOA dues$0

Loan amount $140,000 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

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Listing provided by Ford Real Estate · Listing agent: John Ford

Source
MLS of Central Oregon
MLS#
220229495
Last updated
Oct 2, 2026 at 1:54 PM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.