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    326 E Cherry Rd Memphis, TN 38117

    For Sale
    $895,000

    Land - Memphis, TN

    Lot size:
    0.95 Acres
    Days on Market:
    223
    Last Refresh:
    Dec 9 at 7:06 pm

    Property Features for 326 E Cherry Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res
    Lot size
    0.95 Acres

    Building Details

    Architectural style
    Other

    Downtown Condo Connection, REALTORS (901) 399-8500 [email protected]

    Listing agent Kendall Haney (901) 399-8500

    Listing date May 1, 2025

    MLS# 10195431 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

    Belle Meade Lot Ready to Build

    This is a great opportunity to own and build a new home on a rarely available Belle Meade lot. The property is just under 1 acre with 130 feet of frontage and is located on a quiet dead-end street. The current owner has completed prep work. New utility connections have been installed from the street and are ready to connect to a new home. The back of the lot has new sod, irrigation, and drainage approved by the city. This is a turnkey lot in Memphis, Tennessee.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -89.916744
    Latitude
    35.118131

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    FAQs

    What type of property is this?
    Land - Rare opportunity to build on a prepared Belle Meade lot.
    Where is this land located?
    The property is located at 326 E Cherry Rd Memphis, TN.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Prime Belle Meade location on a rarely available lot.; - Almost 1 acre with a wide 130’ frontage.; - Turnkey lot with prep work already completed.
    (901) 399-8500
    Request Owner's contact information
    326 E Cherry Rd Memphis, TN 38117
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    Memphis, TN 38117
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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
    326 E Cherry Rd Memphis, TN 38117
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