Development Opportunity on 3.31
For Sale
$46,900
1163 W Raines Rd, Memphis, TN 38109
3.31 acres with direct access to Main Street.
Property SizeContact for details
Lot Size3.31 Acres
Days on Market210
Property Features for 1163 W Raines Rd
General Information
Standard status
Active
Lot size
3.31 Acres
Property subtype
Vacant Land
Site & Location
Neighborhood
White Chapel
Listing Agency:
eXp Realty, LLC
Listed By:
Terrance Hill
(901) 691-2722
Source:
Bryanrealty
Added: Apr 4
Changed: Oct 25
Last Checked: Oct 28 at 1:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC
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Investment Insights
Based on property information with market context.
This 3.31-acre parcel presents a development opportunity with direct access to Main Street. The approximate lot dimensions are 300 x 400, providing ample space and flexibility. The property's features make it suitable for residential development or a custom private estate. It is especially attractive for builders, investors, or buyers looking to create something with long-term value. This tract offers a solid foundation and visibility.
Key Highlights
- 3.31 Acres of Land: Ample space for development
- Direct Access to Main Street: Offers excellent visibility
- Development Potential: Suitable for residential projects
Property Analytics
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Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
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Business Placement
Demographics for 38109, TN
42,437
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
59.7 sq mi
ZIP Area
711
Density / Sq Mi
$36,934
Median Household Income
$30,780
Median Earnings
$1,000
Median Rent
$76,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 3.31 acres with direct access to Main Street.
Where is this residential land & home lot located?
The property is located at 1163 W Raines Rd Memphis, TN.
What is the asking price?
The asking price for this property is $46,900.
What are key features of this property?
This property features: 3.31 Acres of Land: Ample space for development; Direct Access to Main Street: Offers excellent visibility; Development Potential: Suitable for residential projects
