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Horse & Equestrian Property with Barns
For Sale
$829,900

4800 Old Raleigh Millington Road, Memphis, TN 38128

Multiple horse barns and on-site stalls support an active equestrian operation.

Property SizeContact for details
Days on Market373

Property Features for 4800 Old Raleigh Millington Road

General Information

Standard status Active
Property subtype Land / Land
Zoning R-8-

Taxes and HOA fees

Annual Taxes $3,500
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: Saeed Nia · License #262340
Source: Compass
Added: Aug 23, 2025 Changed: Aug 30 Last Checked: Aug 30 at 1:24AM

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 Crye-Leike, Inc., REALTORS

Investment Insights

Based on property information with market context.

This horse and equestrian property encompasses over 56 acres at 4800 Old Raleigh Millington Road in Memphis. The improvements include multiple horse barns with 88 stalls, and horses are currently kept on the premises. The site is also home to a long-established carriage company, providing an existing equestrian-oriented operating context.

The property is positioned near New Allen Road and carries R-8- zoning. The seller is open to dividing and selling portions of the acreage, creating flexibility in how the property may be acquired. Its substantial land area, barn improvements, stall capacity, and established horse-related use define the offering.

Key Highlights

  • Over 56 acres at 4800 Old Raleigh Millington Road, Memphis, TN 38128
  • Multiple horse barns with 88 stalls
  • Horses currently kept on the property

Property Analytics

Current Use

Horse & equestrian properties

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Big Box & Wholesale Store Hair Salon Spa & Massage 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

34
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?
Horse & equestrian property - Multiple horse barns and on-site stalls support an active equestrian operation.
Where is this horse & equestrian property located?
The property is located at 4800 Old Raleigh Millington Road Memphis, TN.
What is the asking price?
The asking price for this property is $829,900.
What are key features of this property?
This property features: Over 56 acres at 4800 Old Raleigh Millington Road, Memphis, TN 38128; Multiple horse barns with 88 stalls; Horses currently kept on the property
More about this property
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