Oversized Corner Development
For Sale
Contact for pricing
3250 FOREST BROOK Dr, Memphis, TN 38118
Land, Unicorp/Memphis, TN
Property SizeContact for details
Lot Size0.25 Acres
Days on Market72
Property Features for 3250 FOREST BROOK Dr
General Information
Property type
Land
Property subtype
Other
Zoning
RU-3
Subdivision
KNIGHTWOODS
Standard status
Active
Lot size
0.25 Acres
Taxes and HOA fees
Tax Annual Amount
84
Listing Agency:
BEST Real Estate Company
(901) 407-2177
Listed By:
Oksana Piven
(901) 848-4828
Added: Jun 20
Changed: Aug 19
Last Checked: Aug 30 at 3:06PM
MLS# 10224449
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 offering is a residential land lot totaling approximately 0.25 acres, presented as an oversized corner site. The property is zoned RU-3, and seller discussions with the planning office indicate the site may potentially qualify for up to five units, subject to buyer verification and approval. Utilities are reported to be nearby, which can help streamline planning for future development.
The lot’s location is described as convenient to shopping, schools, and major roads, with easy access to everyday amenities. The listing also notes proximity to Memphis International Airport. As a corner lot, the configuration can be advantageous for development planning and layout considerations.
For buyers and developers evaluating small-scale multifamily or mixed-intent residential projects, this lot’s RU-3 zoning and potential unit allowance may support preliminary site planning. The combination of corner positioning, reported nearby utilities, and the stated planning feedback can make it a practical starting point for confirming feasibility through the appropriate approvals and permitting process.
The lot’s location is described as convenient to shopping, schools, and major roads, with easy access to everyday amenities. The listing also notes proximity to Memphis International Airport. As a corner lot, the configuration can be advantageous for development planning and layout considerations.
For buyers and developers evaluating small-scale multifamily or mixed-intent residential projects, this lot’s RU-3 zoning and potential unit allowance may support preliminary site planning. The combination of corner positioning, reported nearby utilities, and the stated planning feedback can make it a practical starting point for confirming feasibility through the appropriate approvals and permitting process.
Key Highlights
- Oversized corner lot with over 10,000 sq ft, offering development potential for a multifamily project
- Seller discussions with the planning office indicate the site may qualify for up to 5 units (buyer to verify and confirm approval)
- Utilities are nearby, which may help support future development
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
422
Businesses Nearby
Explore this area
Business Placement
Demographics for 38118, TN
39,627
Population
16,317
Households
2.4
Avg Household Size
32
Median Age
12%
College-Educated
79%
High-School Grad
30.5 sq mi
ZIP Area
1,299
Density / Sq Mi
$42,464
Median Household Income
$30,431
Median Earnings
$1,105
Median Rent
$95,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - A RU-3 corner lot sized for multifamily consideration with utilities nearby and convenient access to local amenities.
Where is this residential land & home lot located?
The property is located at 3250 FOREST BROOK Dr Memphis, TN.
What are key features of this property?
This property features: Oversized corner lot with over 10,000 sq ft, offering development potential for a multifamily project; Seller discussions with the planning office indicate the site may qualify for up to 5 units (buyer to verify and confirm approval); Utilities are nearby, which may help support future development
