Listing Agency: Sowell, Realtors s***@bellsouth.net Show Phone

Listed By: Linda Sowell Show Phone

Added: Jan 2 Changed: May 28 Last Checked: Jul 31 at 9:06PM

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MLS# 10212036

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 0.42-acre lot in Memphis, Tennessee, presents a development opportunity or the chance to build a dream home. The property is a level lot with some trees. It is located in Shelby County. The zoning is R. This is one of two available lots.

Key Highlights

• Development opportunity or chance to build a dream home
• Great location
• Level lot, perfect for building

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Auto Repair Shop HVAC Service Kitchen & Bath Showroom

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

713

Businesses Nearby

Explore this area Business Placement

Demographics for 38111, TN

40,533

Population

20,084

Households

2

Avg Household Size

34

Median Age

38%

College-Educated

89%

High-School Grad

9.8 sq mi

ZIP Area

4,136

Density / Sq Mi

$52,806

Median Household Income

$33,449

Median Earnings

$1,077

Median Rent

$165,200

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 - Development opportunity or chance to build your dream home.

Where is this residential land & home lot located?

The property is located at 3545 WALNUT GROVE Rd lot 92 Memphis, TN.

What is the asking price?

The asking price for this property is $199,000.

What are key features of this property?

This property features: Development opportunity or chance to build a dream home; Great location; Level lot, perfect for building