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    4015 Raleigh-Millington Memphis, TN 38128

    For Sale
    $225,000

    Religious Facility - Memphis, TN

    Days on Market:
    74
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 4015 Raleigh-Millington

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CMU-2

    Building Details

    Year built
    1998
    Architectural style
    Other

    Crye-Leike, Inc REALTORS (901) 239-5284 [email protected]

    Listing agent Stanley Echols (901) 372-3690

    Listing date Sep 23, 2025

    MLS# 10205865 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

    Memphis Commercial Property on Raleigh-Millington

    Located on Raleigh-Millington Road in Memphis, this 3,000 square foot commercial property is zoned CMU-2. Formerly God’s House of Prayer Ministries Inc., the pre-engineered building is suitable for a warehouse, church, daycare, office, barber shop, or tax/accounting services. Constructed in 1998, the property is in good condition and features central HVAC. It offers 113 feet of road frontage, concrete parking, and high traffic visibility near I-40. This turnkey space is ready for business or investment.
    Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9233
    Latitude
    35.229

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    FAQs

    What type of property is this?
    Church & religious facility - 3,000 SF commercial building suitable for various business types.
    Where is this church & religious facility located?
    The property is located at 4015 Raleigh-Millington Memphis, TN.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - High traffic visibility with 113 feet of road frontage on Raleigh-Millington Rd.; - CMU-2 zoning allows for a wide range of commercial uses (warehouse, church, daycare, office, etc.).; - 3,000 SF pre-engineered building suitable for various business types.
    (901) 372-3690
    Request Owner's contact information
    4015 Raleigh-Millington Memphis, TN 38128
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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
    4015 Raleigh-Millington Memphis, TN 38128
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