Listing Agency: Keller Williams · Keller Williams Realty k***@kw.com Show Phone

Listed By: Myles Wilson · License #342620 Show Phone

Added: Mar 31 Changed: Aug 19 Last Checked: Aug 29 at 9:06PM

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MLS# 10218150

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 one-acre wooded lot is located in Memphis, Tennessee. The property is zoned for residential use (RES). According to the listing, the lot can be maintained as a single parcel or potentially be divided into three parcels through the zoning process, allowing for the creation of multiple homesteads.

Key Highlights

• Secluded 1 acre wooded lot offers privacy.
• Potential to create three parcels, zoning allows for parcel division.
• Opportunity for new homestead on a wooded lot.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center (Bike/Boat/Book/etc) Store

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

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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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 - One-acre wooded lot suitable for residential development.

Where is this land located?

The property is located at 5155 TULLY Rd lot 19 Memphis, TN.

What are key features of this property?

This property features: Secluded 1 acre wooded lot offers privacy.; Potential to create three parcels, zoning allows for parcel division.; Opportunity for new homestead on a wooded lot.