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Level Residential Development Lot
For Sale
$199,000

3545 Walnut Grove Rd, Memphis, TN 38111

A level lot with some trees, offered as one of two available parcels for residential development.

Property SizeContact for details
Days on Market187

Property Features for 3545 Walnut Grove Rd

General Information

Standard status Active
Property subtype Vacant Land
Listing Agency: Sowell, Realtors
Listed By: Linda Sowell
Source: Bryanrealty
Added: Mar 13 Changed: Sep 12 Last Checked: Sep 14 at 7:36PM

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 Sowell, Realtors

Investment Insights

Based on property information with market context.

This offering is residential land presented as a development opportunity, with the option to build a home on a level parcel. The lot includes some trees and is being offered as one of two available lots.

Located at 3545 Walnut Grove Road in Memphis, Tennessee, the property is suitable for buyers seeking a straightforward site with natural landscaping elements.

As presented, the land’s key characteristics are its level grade and partial tree cover, which may be useful for site planning and preserving existing features during development.

Key Highlights

  • Level lot with some trees
  • Offered as one of two available parcels for residential development

Property Analytics

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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

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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - A level lot with some trees, offered as one of two available parcels for residential development.
Where is this residential land & home lot located?
The property is located at 3545 Walnut Grove Rd 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: Level lot with some trees; Offered as one of two available parcels for residential development
More about this property
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