Listing Agency: Adaro Realty, Inc. w***@comcast.net Show Phone

Listed By: Mikaela Montes de Oca · License #350752 Show Phone

Added: Jun 6, 2024 Changed: Aug 20 Last Checked: Aug 30 at 6:06PM

Report an Issue

MLS# 10174047

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 lots totaling slightly over one acre. The land is suitable for many uses. It is located across the street from Nike and not far from Amazon. The parcels included are 3005 Frayser-Raleigh (Parcel: 084002-00004), 2995 Frayser-Raleigh (Parcel: 084002-00003), and 2987 Frayser-Raleigh (Parcel: 084002-00002). The lots will not be sold separately or divided. The property is located in Memphis, Shelby County, Tennessee, with a postal code of 38128.

Key Highlights

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

Property Analytics

Property Profile

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

80

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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?

Ask Rey about this property ...

Similar For Sale Nearby

Dollar Tree NNN Retail Property

1246 Lamar Ave, Memphis, TN 38104

$1,193,000

8,320 SF

View details

Historic Mixed-Use Property

126 Monroe Ave, Memphis, TN 38103

$875,000

10,187 SF

View details

Freestanding Retail Redevelopment Building

2029 Union Avenue, Memphis, TN 38104

$525,000

7,094 SF

View details

Freestanding Office Units

2004 Exeter, Memphis, TN 38138

$599,000

2,000 SF

View details

Two-Story Office Building

3320 Austin Peay Hwy, Memphis, TN 38128

$1,299,000

20,710 SF

View details

Flex Space with Grade Doors

3212 Jean Dr, Memphis, TN 38118

$630,000

11,066 SF

View details

Four-Tenant NNN Retail Center

2094 Frayser Blvd, Memphis, TN 38127

$524,285

2,950 SF

View details

Two-Level Restaurant Condominium

95 S Main St, Memphis, TN 38103

$694,000

3,065 SF

View details

Drive-Thru Coffee Kiosk NNN

1698 Poplar Ave, Memphis, TN 38112

$1,805,000

806 SF

View details

Absolute NNN Wendy’s Restaurant

6781 E Shelby Dr, Memphis, TN 38141

$2,172,276

2,646 SF

View details

Pediatric Medical Center

2860 Covington Pike, Memphis, TN 38128

$3,573,863

19,550 SF

View details

Two-Story Freestanding Flex Facility

299 North Cleveland Street, Memphis, TN 38104

$3,200,000

41,945 SF

View details

Frequently Asked Questions

What type of property is this?

Land - Three lots totaling over an acre, suitable for many uses.

Where is this land located?

The property is located at 2995 FRAYSER-RALEIGH Rd lot 5 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 lots totaling over an acre.