Listing Agency: BEST Real Estate Company s***@gmail.com Show Phone

Listed By: Stephanie Moss Show Phone

Added: May 5 Changed: Aug 24 Last Checked: Aug 30 at 6:06AM

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MLS# 10220866

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 residential lot is located in a mature neighborhood in Memphis, Tennessee. The property is zoned R-6 and offers potential for investment. The lot size is 0.1 acres and there is no HOA requirement.

Key Highlights

• No HOA requirement
• Great investment potential
• Mature neighborhood

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Skin Care Clinic 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

402

Businesses Nearby

Explore this area Business Placement

Demographics for 38106, TN

22,394

Population

11,630

Households

1.9

Avg Household Size

41

Median Age

12%

College-Educated

83%

High-School Grad

10.4 sq mi

ZIP Area

2,153

Density / Sq Mi

$29,818

Median Household Income

$30,101

Median Earnings

$915

Median Rent

$66,400

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this land 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?

Land - Residential lot in mature Memphis neighborhood, no HOA.

Where is this land located?

The property is located at 1201 WELLINGTON St lot 5 Memphis, TN.

What are key features of this property?

This property features: No HOA requirement; Great investment potential; Mature neighborhood