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Lot/land
  • $89,000

    3536 Raleigh Millington Rd, Memphis, TN 38128

    --beds
    --baths
    1.23Acres
    Unimproved Land
    Built in ----
    1.23 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Level parcel
    This 1.23± acre commercial lot in Memphis, TN offers high visibility in an active area with commercial and residential neighbors on all sides. Zoned CMU-1 (commercial mixed use), it suits retail, service, professional office, or restaurant use, subject to zoning approval. The site sits beside an existing retail shopping center with steady customer traffic, with exposure to Raleigh Millington Road and Yale Road. Convenient access to Austin Peay Highway and Interstate 40 makes it easy to reach for shoppers, commuters, and staff. The level parcel provides room for a building, ample parking, and site access, keeping site planning straightforward. Surrounding neighborhoods provide an established customer base. Contact our team today for details or to schedule a showing.
    9 hours
    14
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    William T Patton,

    National Land Realty, LLC 901-355-2988

    Source: MAAR,MLS#: 10232647MLS Logo

      Facts & features

      Property

      Lot
      • Size: 1.23 Acres
      • Dimensions: 53,709
      • Features: Sidewalk, City Lot, Regular
      • Topography: Level,Wooded
      Details
      • Parcel number: 086037 00004
      • Zoning: CMU-1
      • Zoning description: Adjacent Area: Commercial,Single Family

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Memphis

      Financial & listing details

      • Tax assessed value: $15,000
      • Annual tax amount: $198
      • Date on market: 10/17/2026
      • Cumulative days on market: 1 day
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/17/2026Listed for sale$89,000-22.5%
        Source: MAAR #10232647 Report a problem
        9/24/2026Listing removed$114,900
        Source: eXp Realty #10219575 Report a problem
        5/20/2026Price change$114,900-4.2%
        Source: MAAR #10219575 Report a problem
        4/25/2026Price change$119,900-20%
        Source: MAAR #10219575 Report a problem
        4/18/2026Listed for sale$149,900
        Source: MAAR #10219575 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$198 +3.5%$3,750 +29.3%
        2024$191 +8.1%$2,900
        2023$177 $2,900
        2022-- $2,900
        2021-- $2,900
        2020$93 $2,900
        2019$93 -21.1%$2,900
        2018$117 -45.1%$2,900
        2017$214 +117.1%$2,900
        2016$99 -69.6%$2,900
        2014$324 $2,900
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All 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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Raleigh

        Getting around

        53 / 100
        Somewhat Walkable
        25 / 100
        Some Transit
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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