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4610 Raleigh Lagrange Rd Memphis, TN 38128

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29 Acres, High Traffic, Owner Will Divide

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional 29.21-acre property presents a unique investment opportunity in Memphis, Tennessee. Strategically located at the southeast corner of Raleigh Lagrange Road and Hoover Drive, this land offers significant commercial and residential potential. The property is comprised of three distinct parcels, allowing for flexible development options. Parcel 1 encompasses 2.8 acres, ideally suited for commercial development, given its prime corner location and high visibility. The remaining acreage is divided into two residential parcels: Parcel 2, measuring 10.52 acres, and Parcel 3, spanning 15.89 acres. The seller is willing to divide the property, providing buyers with the flexibility to acquire the parcel size that best suits their needs. Raleigh Lagrange Road boasts a significant average annual daily traffic count of 26,315 vehicles, ensuring high exposure for any commercial venture. This property's location in Shelby County, with a Memphis address and 38128 zip code, offers easy access to major transportation routes and amenities. The coordinates are 35.200821 latitude and -89.911376 longitude. This is a rare opportunity to acquire a large tract of land with diverse development possibilities in a rapidly growing area. Don't miss this chance to capitalize on the potential of this prime Memphis location.

Property Features for 4610 Raleigh Lagrange Rd

General Information

Property type
Land
Lot Size
1,272,388 SF

HighLights

  • High‑visibility corner lot, 2.8 acres, ideal for commercial development.
  • Two residential land parcels totaling 26.41 acres (10.52 acres and 15.89 acres).
  • Seller will consider subdividing the parcels.
  • High traffic count: 26,315 AADT on Raleigh Lagrange Rd.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-89.911376
Latitude
35.200821

FAQs

What type of property is this?
Land - 29 Acres, High Traffic, Owner Will Divide
Where is this land located?
The property is located at 4610 Raleigh Lagrange Rd Memphis, TN.
What are key features of this property?
This property features: High-visibility corner lot, 2.8 acres, ideal for commercial development.; Two residential land parcels totaling 26.41 acres (10.52 acres and 15.89 acres).; Seller will consider subdividing the parcels.
More about this property
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