Development Land for
For Sale
$729,500
2 Rachel Dr, Medford, OR 97502
Vacant development parcel zoned SFR-4/SFR-2 for 15+ residences, with initial site engineering and approvals in place.
Property SizeContact for details
Lot Size5.50 Acres
Days on Market538
Property Features for 2 Rachel Dr
General Information
Standard status
Active
Lot size
5.50 Acres
Property subtype
Land
Zoning
SFR-4/SFR-2
Site & Location
Road Access
Yes
Utilities to Site
Yes
Listing Agency:
Windermere Van Vleet Jacksonville
(458) 225-0303
Listed By:
Heidi Martins · License #201217239
(458) 225-0303
Source:
Exprealty
Added: Feb 20, 2025
Changed: Aug 8
Last Checked: Jul 18 at 4:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere Van Vleet Jacksonville
Investment Insights
Based on property information with market context.
Phase 2 at Red Tail Heights is an approximately 5.5-acre vacant land parcel in Medford, Oregon, positioned for residential development. The property is zoned SFR-4/SFR-2 and is planned for 15+/− residences, with planning and permitting steps described as already approved, including annexation, a zone change, and a temporary subdivision plat.
Access to city streets and public services is provided at three locations. Initial civil engineering work has been completed for streets, sidewalks, sewer, and storm drains, along with geotechnical engineering and a traffic study.
This parcel is presented as ready to move forward with further development based on the approvals and site work already completed.
Access to city streets and public services is provided at three locations. Initial civil engineering work has been completed for streets, sidewalks, sewer, and storm drains, along with geotechnical engineering and a traffic study.
This parcel is presented as ready to move forward with further development based on the approvals and site work already completed.
Key Highlights
- Approximately 5.5‑acre vacant development parcel in Phase 2 at Red Tail Heights
- Zoned SFR‑4/SFR‑2 for 15 +/- residences
- Planning and permitting approvals already approved, including annexation, zone change, and a temporary subdivision plat
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
Explore this area
Business Placement
Demographics for 97502, OR
29,558
Population
11,717
Households
2.5
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
82.1 sq mi
ZIP Area
360
Density / Sq Mi
$79,146
Median Household Income
$42,667
Median Earnings
$1,245
Median Rent
$374,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant development parcel zoned SFR-4/SFR-2 for 15+ residences, with initial site engineering and approvals in place.
Where is this residential land & home lot located?
The property is located at 2 Rachel Dr Medford, OR.
What is the asking price?
The asking price for this property is $729,500.
What are key features of this property?
This property features: Approximately 5.5‑acre vacant development parcel in Phase 2 at Red Tail Heights; Zoned SFR‑4/SFR‑2 for 15 +/- residences; Planning and permitting approvals already approved, including annexation, zone change, and a temporary subdivision plat
