Prime Commercial Vacant
For Sale
$114,900
3536 RALEIGH-MILLINGTON Rd, Memphis, TN 38128
LAND - Memphis, TN
Property SizeContact for details
Lot Size1.23 Acres
Days on Market119
Property Features for 3536 RALEIGH-MILLINGTON Rd
General Information
Property type
Land
Property subtype
Other
Zoning
COMM
Subdivision
Not in Subdivision
Standard status
Active
Lot size
1.23 Acres
Taxes and HOA fees
Tax Annual Amount
101
Listing Agency:
eXp Realty, LLC
(888) 519-5113
Listed By:
David Truong · License #17938
(901) 503-3947
Added: Apr 15
Changed: May 28
Last Checked: Aug 11 at 3:06PM
MLS# 10219575
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 1.23-acre commercial vacant lot is located next to an established shopping center. The site offers high visibility and strong mixed-use potential. It is suited for retail, office, medical, or service-based development, subject to zoning approval. Virtual concept staging images are included to showcase possible development ideas. The level parcel allows for flexible site planning, parking, and future expansion. The property has convenient access to major roads and is surrounded by growing residential and commercial activity. Utilities are available nearby, with buyer verification required. It is located in Memphis, TN, 38128.
Key Highlights
- Prime 1.23‑acre commercial vacant lot.
- Located next to an established shopping center.
- High‑visibility site with excellent daily traffic exposure.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
494
Businesses Nearby
Explore this area
Business Placement
Demographics for 38128, TN
43,197
Population
18,388
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
85%
High-School Grad
23.6 sq mi
ZIP Area
1,830
Density / Sq Mi
$43,166
Median Household Income
$32,429
Median Earnings
$1,150
Median Rent
$123,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - 1.23-acre commercial lot with mixed-use potential in Memphis, TN.
Where is this commercial land located?
The property is located at 3536 RALEIGH-MILLINGTON Rd Memphis, TN.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Prime 1.23‑acre commercial vacant lot.; Located next to an established shopping center.; High‑visibility site with excellent daily traffic exposure.
