Listing Agency: homecoin.com i***@homecoin.com Show Phone

Listed By: Jonathan Minerick · License #B.1003079.CORP Show Phone

Added: May 26 Changed: Aug 19 Last Checked: Aug 22 at 2:06PM

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MLS# 10222396

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential lot is located in Memphis and offers an opportunity for new construction or investment. The property benefits from convenient access to schools, shopping, dining, and major roadways. The lot size is 0.17 acres and is zoned RU-1.

Key Highlights

• Residential lot suitable for new construction.
• Investment property opportunity.
• Convenient access to major roadways.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Parking Lot & Garage Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

360

Businesses Nearby

Explore this area Business Placement

Demographics for 38106, TN

22,394

Population

11,630

Households

1.9

Avg Household Size

41

Median Age

12%

College-Educated

83%

High-School Grad

10.4 sq mi

ZIP Area

2,153

Density / Sq Mi

$29,818

Median Household Income

$30,101

Median Earnings

$915

Median Rent

$66,400

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Residential lot suitable for new construction or investment property.

Where is this residential land & home lot located?

The property is located at 1197 WILSON St lot 48 Memphis, TN.

What are key features of this property?

This property features: Residential lot suitable for new construction.; Investment property opportunity.; Convenient access to major roadways.