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For sale
Residential land & home lots
TN
Memphis
38128
RALEIGH-MILLINGTON Rd

Residential Development Land Opportunity

RALEIGH-MILLINGTON Rd Memphis, TN 38128

RALEIGH-MILLINGTON Rd, Memphis, TN, 38128

$350,000

For Sale

$350,000

LAND - Memphis, TN

Lot Size15.02 Acres

AddedJul 18, 2025

Days on Market363

Last RefreshJul 15 at 8:06 pm

Property Features for RALEIGH-MILLINGTON Rd

General Information

Property type: Land
Property subtype: Other
Zoning: RU-2
Standard status: Active
Lot size: 15.02 Acres

Taxes and HOA fees

Tax Annual Amount: 806

Listing agent Crystal Mitchell License #346815

Listing office Renshaw Company, REALTORS 5865 Ridgeway Ctr. Pkwy, #101, Memphis, TN

Listing date Jul 18, 2025

MLS# 10201564 Listing URL

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 15.02-acre parcel, located in Memphis, TN, is zoned RU-2 and presents a development opportunity. Preliminary planning is in place for a 90-townhome development, with over $50,000 already invested in initial engineering work. The site is well-positioned for residential development. Timber harvest is scheduled to prepare the land for construction. Utilities and infrastructure are accessible nearby, enhancing the feasibility of development. This partially prepped site offers strong development potential for builders and developers.

Key Highlights

15‑acre parcel primed for a 90‑townhome development.
Preliminary planning already in place.
Over $50,000 invested in initial engineering.

Property Analytics

Location Intelligence

Current Use by Public Records

Residential land & home ...

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For sale
Residential land & home lots
TN
Memphis
38128
RALEIGH-MILLINGTON Rd

What type of property is this?

Residential land & home lot - 15-acre parcel primed for 90-townhome development in Memphis.

Where is this residential land & home lot located?

The property is located at RALEIGH-MILLINGTON Rd Memphis, TN.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: 15‑acre parcel primed for a 90‑townhome development.; Preliminary planning already in place.; Over $50,000 invested in initial engineering.

RALEIGH-MILLINGTON Rd Memphis, TN 38128

LAND - Memphis, TN

Property Features for RALEIGH-MILLINGTON Rd

General Information

Taxes and HOA fees

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Similar For Sale Nearby

Restaurant Building with Parking Lots

Flex Industrial Building with Office

Memphis Commercial Property For Sale

Automotive Repair and Retail Buildings

Free-Standing Office Building

Turnkey Duplex with Covered Parking

Versatile Commercial Property in Memphis

Tenant-Occupied Duplex For Sale

Two-Unit Duplex with Shared Yard

Freestanding Retail Redevelopment Building

Gated Townhome Community in Memphis

Triplex Income Property

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