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Memphis Land Near Major Businesses
For Sale
$275,000

2987 FRAYSER-RALEIGH Rd lot 4, Memphis, TN 38128

Land, Memphis, TN

Property SizeContact for details
Lot Size0.35 Acres
Days on Market816

Property Features for 2987 FRAYSER-RALEIGH Rd lot 4

General Information

Property type Land
Property subtype Other
Zoning Res
Subdivision ROBERTS DILATUSH & CRANES R D C
Standard status Active
Lot size 0.35 Acres

Taxes and HOA fees

Tax Annual Amount 51
Listing Agency: Adaro Realty, Inc.
Listed By: Mikaela Montes de Oca · License #350752
Added: Jun 6, 2024 Changed: Aug 20 Last Checked: Aug 30 at 10:06PM
MLS# 10174048

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 property comprises three separate lots, totaling slightly over one acre. The combined parcels are suitable for multiple uses. The location is across the street from Nike and not far from Amazon. The parcel numbers are 084002-00004, 084002-00003, and 084002-00002, located at 3005 Frayser-Raleigh Rd, 2995 Frayser-Raleigh Rd, and 2987 Frayser-Raleigh Rd respectively. The property is located in Memphis, TN, 38128.

Key Highlights

  • Prime location across the street from Nike.
  • Proximity to Amazon.
  • Three separate lots totaling over an acre.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Three combined lots totaling over an acre, suitable for various uses.
Where is this land located?
The property is located at 2987 FRAYSER-RALEIGH Rd lot 4 Memphis, TN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Prime location across the street from Nike.; Proximity to Amazon.; Three separate lots totaling over an acre.
More about this property
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