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.
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
- 9 hours
- 14
- 0
Zillow last checked:
Listing updated:
Listed by:
William T Patton,
National Land Realty, LLC 901-355-2988
Source: MAAR,MLS#: 10232647
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
| Date | Event | Price |
|---|---|---|
| 10/17/2026 | Listed for sale | $89,000-22.5% |
Source: | ||
| 9/24/2026 | Listing removed | $114,900 |
Source: eXp Realty #10219575 Report a problem | ||
| 5/20/2026 | Price change | $114,900-4.2% |
Source: | ||
| 4/25/2026 | Price change | $119,900-20% |
Source: | ||
| 4/18/2026 | Listed for sale | $149,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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






