Wooded Residential Development
For Sale
$45,000
5155 Tully Road, Memphis, TN 38109
Secluded 1-acre wooded lot available as a single parcel or reconfigured for up to three parcels.
Property SizeContact for details
Lot Size1.00 Acre
Days on Market152
Property Features for 5155 Tully Road
General Information
Standard status
Active
Lot size
1.00 Acre
Property subtype
Land / Land
Zoning
RES
Taxes and HOA fees
Annual Taxes
$108
Listing Agency:
Keller Williams
(901) 340-3243
Listed By:
Myles Wilson · License #342620
(901) 340-3243
Source:
Compass
Added: Mar 31
Changed: Aug 8
Last Checked: Aug 29 at 4:31PM
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 Keller Williams
Investment Insights
Based on property information with market context.
This offering consists of a secluded wooded residential land parcel totaling 1 acre. The property may be used as one parcel, or it may be subdivided through zoning to create three parcels for new homestead development.
The property is listed for sale at 5155 Tully Road in Memphis, TN 38109. Prospective buyers should confirm all subdivision and zoning requirements directly with the appropriate local authorities.
The core opportunity here is the flexibility to purchase the lot as-is or pursue a zoning-based subdivision to increase the number of homestead lots.
The property is listed for sale at 5155 Tully Road in Memphis, TN 38109. Prospective buyers should confirm all subdivision and zoning requirements directly with the appropriate local authorities.
The core opportunity here is the flexibility to purchase the lot as-is or pursue a zoning-based subdivision to increase the number of homestead lots.
Key Highlights
- 1‑acre wooded lot offered as a single parcel
- Available as reconfigured up to three parcels, subject to zoning
- Secluded setting with wooded surroundings
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
Explore this area
Business Placement
Demographics for 38109, TN
42,437
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
59.7 sq mi
ZIP Area
711
Density / Sq Mi
$36,934
Median Household Income
$30,780
Median Earnings
$1,000
Median Rent
$76,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Secluded 1-acre wooded lot available as a single parcel or reconfigured for up to three parcels.
Where is this residential land & home lot located?
The property is located at 5155 Tully Road Memphis, TN.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: 1‑acre wooded lot offered as a single parcel; Available as reconfigured up to three parcels, subject to zoning; Secluded setting with wooded surroundings
