Listing Agency: Sowell, Realtors s***@bellsouth.net Show Phone

Listed By: Linda Sowell Show Phone

Added: Jan 2 Changed: Aug 20 Last Checked: Aug 30 at 3:06AM

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MLS# 10212036

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 0.42-acre lot in Memphis, Tennessee, presents a development opportunity or the chance to build a dream home. The property is a level lot with some trees. It is located in Shelby County. The zoning is R. This is one of two available lots.

Key Highlights

• Development opportunity or chance to build a dream home
• Great location
• Level lot, perfect for building

Property Analytics

Property Profile

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

Explore this area Business Placement

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

Questions? Ask Rey

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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?

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Frequently Asked Questions

What type of property is this?

Land - Development opportunity or chance to build your dream home.

Where is this land located?

The property is located at 3545 WALNUT GROVE Rd lot 92 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: Development opportunity or chance to build a dream home; Great location; Level lot, perfect for building