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Commercial Mixed-Use Land
New
For Sale
$89,000

3536 Raleigh Millington Rd, Memphis, TN 38128

Commercial Sale, Memphis, TN

Property SizeContact for details
Lot Size1.23 Acres
Days on Market7

Property Features for 3536 Raleigh Millington Rd

General Information

Property type Commercial Sale
Property subtype Other
High school district 000000
Directions From Austin Peay Hwy, turn onto Raleigh Millington Rd and head north. The 1.23-acre lot at 3536 is on the road beside the shopping center. Tip: use 3536 Raleigh Millington Rd, Memphis, TN 38128 in GPS.
Standard status Active
APN 08-6037-0-0004
Lot size 1.23 Acres
Listing Agency: National Land Realty, Memphis, TN
Listed By: Bill Patton
Added: Oct 16 Changed: Oct 20 Last Checked: Oct 22 at 3:06PM
MLS# 12034612

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 1.23-acre commercial parcel is in Shelby County and carries CMU-1 zoning. The zoning supports commercial mixed-use development, with retail, service, office, and restaurant concepts identified subject to approval.

Raleigh Millington Road and Yale Road are nearby, and the property adjoins a retail shopping center. Commercial businesses and residential neighborhoods are also present in the surrounding area.

Key Highlights

  • 1.23‑acre commercial parcel in Shelby County, TN
  • CMU‑1 zoning for commercial mixed‑use purposes
  • Adjoins an existing retail shopping center

Property Analytics

Who owns this building? See the owner, sales and loan history
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Suggested Use

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

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Commercial land - The parcel is surrounded by established commercial and residential activity.
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 $89,000.
What are key features of this property?
This property features: 1.23‑acre commercial parcel in Shelby County, TN; CMU‑1 zoning for commercial mixed‑use purposes; Adjoins an existing retail shopping center
More about this property
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