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Commercial Land Near Shopping Center
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3536 Raleigh Millington Rd, Memphis, TN 38128

Vacant site near an established neighborhood shopping center with access to Memphis and major thoroughfares.

Property SizeContact for details
Days on Market136

Property Features for 3536 Raleigh Millington Rd

General Information

Standard status Active
Property subtype Land
Listing Agency: Exp Realty
Listed By: david truong · License #285299
Source: Crexi
Added: Apr 18 Changed: Aug 30 Last Checked: Aug 30 at 11:28PM

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 Exp Realty

Investment Insights

Based on property information with market context.

This 1.23-acre parcel is vacant commercial land along Raleigh-Millington Road in Memphis, Tennessee. Its size supports several potential site plans, including a standalone building, a multi-tenant retail format, or a pad configuration. Drive-thru development is also identified as a possibility, subject to approvals.

The property is near an established neighborhood shopping center and surrounding residential communities. Raleigh-Millington Road provides direct roadway exposure, while the site also offers access to Memphis and major thoroughfares. The source information identifies retail, quick-service restaurant, coffee, medical office, and service-oriented business concepts as potential applications, subject to applicable approvals.

Key Highlights

  • 1.23 acres of vacant commercial land
  • Located along Raleigh‑Millington Road in Memphis, TN
  • Near an established neighborhood shopping center

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Hair Salon 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

178
Businesses Nearby
34k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 59% Dining 33% Electronics 8%
SONIC Drive In Dining
11,272 visits/mo 0.2 miles
Dollar General Shops & Services
8,613 visits/mo 0.2 miles
BP Shops & Services
6,283 visits/mo 0.1 miles
AutoZone Shops & Services
5,030 visits/mo 0.1 miles
Boost Mobile Electronics
1,927 visits/mo 0.1 miles

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

Market

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant site near an established neighborhood shopping center with access to Memphis and major thoroughfares.
Where is this commercial land located?
The property is located at 3536 Raleigh Millington Rd Memphis, TN.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 1.23 acres of vacant commercial land; Located along Raleigh‑Millington Road in Memphis, TN; Near an established neighborhood shopping center
(901) 503-3947 Call to check price and availability
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