Prime 15-acre parcel with preliminary planning in place for a 90-townhome development. Over $50,000 has already been invested in initial engineering work. The site is well-positioned for residential development, with timber harvest scheduled to prepare the land for construction. Utilities and infrastructure are accessible nearby. This is a rare opportunity for builders and developers to acquire a partially prepped site with strong development potential.
Lot/land
$350,000
0 Raleigh Millington Rd, Memphis, TN 38128
--beds
--baths
15.02Acres
Unimproved Land
Built in ----
15.02 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Well-positioned for residential development
- 359 days |
- 14 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Crystal Mitchell,
Renshaw Company, REALTORS 901-820-4367
Source: MAAR,MLS#: 10201564
Facts & features
Property
Lot
- Size: 15.02 Acres
- Dimensions: 654489 sq. ft
- Topography: Other (See Remarks)
Details
- Parcel number: 090026 00011
- Zoning: RU-2
- Zoning description: Adjacent Area: Unknown
Utilities & green energy
- Utilities for property: Other (See REMARKS)
Community & HOA
Location
- Region: Memphis
Financial & listing details
- Annual tax amount: $1,566
- Date on market: 7/18/2025
- Cumulative days on market: 360 days
- Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,009/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2025 | Listed for sale | $350,000+236.5% |
Source: | ||
| 6/11/2024 | Sold | $104,000-30.7% |
Source: | ||
| 4/24/2024 | Contingent | $150,000+226.1% |
Source: | ||
| 4/14/2024 | Price change | $46,000-69.3% |
Source: | ||
| 4/13/2024 | Listed for sale | $150,000-81% |
Source: | ||
| 9/8/2022 | Sold | $790,000 |
Source: | ||
| 6/30/2022 | Pending sale | $790,000 |
Source: | ||
| 5/9/2022 | Listed for sale | $790,000 |
Source: | ||
| 2/17/2022 | Listing removed | -- |
Source: | ||
| 6/17/2021 | Listed for sale | $790,000+652.4% |
Source: | ||
| 6/6/2021 | Listing removed | $105,000 |
Source: | ||
| 6/6/2021 | Listed for sale | $105,000+262.1% |
Source: | ||
| 1/13/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/29/2018 | Listing removed | $29,000 |
Source: Owner Report a problem | ||
| 6/26/2018 | Price change | $29,000+93.3% |
Source: Owner Report a problem | ||
| 6/21/2018 | Price change | $15,000+66.7% |
Source: Owner Report a problem | ||
| 6/19/2018 | Price change | $9,000-52.6% |
Source: Owner Report a problem | ||
| 6/16/2018 | Price change | $19,000-61.2% |
Source: Owner Report a problem | ||
| 6/8/2018 | Price change | $49,000+25.6% |
Source: Owner Report a problem | ||
| 5/30/2018 | Price change | $39,000+106.3% |
Source: Owner Report a problem | ||
| 5/28/2018 | Price change | $18,900-0.5% |
Source: Owner Report a problem | ||
| 5/27/2018 | Price change | $19,000-20.8% |
Source: Owner Report a problem | ||
| 5/25/2018 | Price change | $24,000-44.2% |
Source: Owner Report a problem | ||
| 5/18/2018 | Price change | $43,000+43.3% |
Source: Owner Report a problem | ||
| 5/17/2018 | Price change | $30,000-53.8% |
Source: Owner Report a problem | ||
| 5/15/2018 | Listed for sale | $65,000 |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Raleigh
Nearby schools
GreatSchools rating
- 3/10Scenic Hills Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 4/10Raleigh Egypt High SchoolGrades: 6-12Distance: 1.4 mi
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Contact agent
- Tennessee
- Shelby County
- Memphis
- 38128
- Raleigh
- 0 Raleigh Millington Rd
Nearby cities
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