RALEIGH-MILLINGTON Rd Memphis, TN 38128

Listing Agency Renshaw Company, REALTORS G***@renshawrealtors.com Show Phone

5865 Ridgeway Ctr. Pkwy, #101, Memphis, TN

Listed by Crystal Mitchell · License #346815 Show Phone

Added: Jul 18, 2025 Checked: Jul 17 at 8:06 am

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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.

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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

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FAQs

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.