Listing Agency: TSCG The Shopping Center Group Memphis s***@tscg.com Show Phone

Listed By: Shawn Massey, CCIM, CRRP, ALC · License #372782

Source: Tscg

Added: Nov 25, 2025 Changed: Aug 8 Last Checked: Aug 20 at 4:42AM

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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 TSCG The Shopping Center Group Memphis

Investment Insights

Based on property information with market context.

This property features 29.21 acres of commercial and residential land situated on the southeast corner of Raleigh Lagrange Road and Hoover Drive. The property includes commercial potential on the corner, designated as Parcel 1, encompassing 2.8 acres. Additionally, there are two residential land parcels: Parcel 2, spanning 10.52 acres, and Parcel 3, covering 15.89 acres. The owner is willing to divide the property. The traffic count on Raleigh Lagrange Road is 26,315 AADT.

Key Highlights

• 29.21 acres suitable for commercial and residential development.
• High traffic count of 26,315 AADT on Raleigh Lagrange Rd, ideal for commercial ventures.
• Commercial potential with 2.8 acres on the corner of Raleigh Lagrange Road and Hoover Drive.**

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Electrical Service Gym & Fitness Center

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

274

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

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial and residential land available for sale.

Where is this commercial land located?

The property is located at 4610 Raleigh Lagrange Rd Memphis, TN.

What are key features of this property?

This property features: 29.21 acres suitable for commercial and residential development.; High traffic count of 26,315 AADT on Raleigh Lagrange Rd, ideal for commercial ventures.; Commercial potential with 2.8 acres on the corner of Raleigh Lagrange Road and Hoover Drive.**