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    129 Brooks Rd W Memphis, TN 38109

    For Sale
    $299,000

    Land - Memphis, TN

    Lot size:
    2.06 Acres
    Days on Market:
    172
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 129 Brooks Rd W

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-6
    Lot size
    2.06 Acres

    Building Details

    Architectural style
    Other

    KAIZEN Realty (901) 221-4041 [email protected]

    Listing agent Ali Nawaz (901) 221-4041

    Listing date Jun 17, 2025

    MLS# 10198570 Listing URL

    Copyright © 2025 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.

    Overview

    Prime Development Opportunity in Memphis

    This corner lot in Memphis, Tennessee, presents a prime development opportunity. The property consists of three adjacent parcels being sold together, totaling approximately 2.06 acres. Zoned R-6 Residential, the lots offer the potential for consolidation and rezoning to commercial use. The location features high traffic and excellent access, making it suitable for various potential developments, including retail, office, or mixed-use projects. The property is being sold AS-IS WHERE-IS, and the buyer is responsible for conducting all due diligence. The three lots available for sale are located at 129 Brooks Rd, 3155 Redbud Road, and 3163 Redbud Road.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0682698
    Latitude
    35.063099

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    FAQs

    What type of property is this?
    Land - Corner lot ideal for retail, office, or mixed-use development.
    Where is this land located?
    The property is located at 129 Brooks Rd W Memphis, TN.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Prime development opportunity on a corner lot.; - Total of approximately 2.06 acres comprised of three adjacent parcels.; - High traffic location with excellent access.
    (901) 221-4041
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    129 Brooks Rd W Memphis, TN 38109
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