# 4692 Crater Lake Avenue, Medford, OR 97504

> **TL;DR:** commercial, $4,500,000.
> View. Est. $19,500/mo. Listed 399 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,500,000 |
| Lot Size | 554,083 sqft (12.72 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 399 |

## Why This Home Stands Out

- **Views** - Territorial, Valley

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $19,500 |
| **Total** | **$19,500** |

## Nearby Schools

- **Elementary:** Kennedy Elem
- **Middle:** Hedrick Middle
- **High:** North Medford High

## Key Amenities

- View

## Property Highlights

- 12.72 acre lot

## Description

### Agent Description
Development has begun on this exceptional 12-acre development opportunity featuring approved commercial and apartment zoning within an Opportunity Zone. Design your custom apartment complex with the potential for approximately 300 residential units, ideally situated on the outskirts of Medford. This strategic location offers immediate tax advantages alongside strong long-term growth potential in an increasingly desirable market. Positioned within an established commercial zone and supported by an additional 180 acres of future development, the site presents outstanding possibilities--including long-term plans for a potential regional mall. Invest in scale, vision, and lasting value in a high-growth corridor primed for expansion.

## Location

- **Address:** 4692 Crater Lake Avenue, Medford, OR 97504
- **County:** Jackson
- **Coordinates:** 42.383804, -122.850622
- **Google Maps:** https://www.google.com/maps?q=42.383804,-122.850622

## Listing Agent

- **Name:** Jeff Johnson
- **Brokerage:** John L. Scott Medford
- **Phone:** 5419416561
- **Email:** jeffjohnson@windermere.com

## Primary Photo

![4692 Crater Lake Avenue - Primary Photo](http://lh.rdcpix.com/6d343de1a4594f863ad138c598676239l-f1688578137r.jpg)

*14 total photos available on [listing page](https://www.propertysimple.com/listing/4692-crater-lake-avenue-medford-or-97504-20200527)*

---

**MLS#:** 220200527 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/4692-crater-lake-avenue-medford-or-97504-20200527)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "4692 Crater Lake Avenue, Medford, OR 97504",
  "description": "Development has begun on this exceptional 12-acre development opportunity featuring approved commercial and apartment zoning within an Opportunity Zone. Design your custom apartment complex with the potential for approximately 300 residential units, ideally situated on the outskirts of Medford. This strategic location offers immediate tax advantages alongside strong long-term growth potential in an increasingly desirable market. Positioned within an established commercial zone and supported by a",
  "url": "https://www.propertysimple.com/listing/4692-crater-lake-avenue-medford-or-97504-20200527",
  "image": "http://lh.rdcpix.com/6d343de1a4594f863ad138c598676239l-f1688578137r.jpg",
  "datePosted": "2026-06-19",
  "price": 4500000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "4692 Crater Lake Avenue",
    "addressLocality": "Medford",
    "addressRegion": "OR",
    "postalCode": "97504",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 42.383804,
    "longitude": -122.850622
  },
  "yearBuilt": null
}
```