NEW PRICE Reduce $30,000 Prime 1.23-acre commercial vacant lot with strong mixed-use potential, ideally located next to an established shopping center. This high-visibility site offers excellent daily traffic exposure and is well-suited for retail, office, medical, or service-based development (subject to zoning approval). To help visualize its potential, virtual concept staging images are included, showcasing possible development ideas for the site. The level parcel allows for flexible site planning, parking, and future expansion. Convenient access to major roads and surrounded by growing residential and commercial activity. Utilities are available nearby (buyer to verify). A rare opportunity in a strong commercial corridor—explore the possibilities this site offers.
Lot/land
$114,900
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 parcelHigh-visibility siteExcellent daily traffic exposure
- 134 days
- 20
- 1
Zillow last checked:
Listing updated:
Listed by:
David N Truong,
eXp Realty, LLC 888-519-5113
Source: MAAR,MLS#: 10219575
Facts & features
Property
Lot
- Size: 1.23 Acres
- Dimensions: 163 x 322
- Features: City Lot, Regular
- Topography: Level
Details
- Parcel number: 086037 00004
- Zoning: COMM
- Zoning description: Adjacent Area: Commercial
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Not In Subdivision
Location
- Region: Memphis
Financial & listing details
- Tax assessed value: $15,000
- Annual tax amount: $198
- Date on market: 4/18/2026
- Cumulative days on market: 137 days
Estimated market value
Not available
Estimated sales range
Not available
$2,758/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Price change | $114,900-4.2% |
Source:  MAAR #10219575 Report a problem | ||
| 4/25/2026 | Price change | $119,900-20% |
Source: MAAR #10219575 Report a problem | ||
| 4/18/2026 | Listed for sale | $149,900 |
Source: MAAR #10219575 Report a problem | ||
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
Monthly payment
Climate risks
Neighborhood: Raleigh
Similar homes
- $120,0001 acre2793 Frayser Blvd #7, Memphis, TN 38127Lot/Land
MLS ID #10229167, Mikaela Montes de Oca, Adaro Realty, Inc.. MAAR - $65,0006 acres0 Raleigh Lagrange Rd, Memphis, TN 38128Lot/Land
MLS ID #10209933, Adam T Watson, Keller Williams. MAAR - $66,0003.77 acresLakehurst Dr, Memphis, TN 38128Lot/Land
MLS ID #114347, Payton Shinault. REALSTACK - $66,0003.77 acres0 Lakehurst Dr, Memphis, TN 38128Lot/Land
MLS ID #10227758, Payton L Shinault, Small Town Hunting Properties. MAAR - $114,9998.32 acres0 Bethuel Church Rd, Millington, TN 38053Lot/Land
MLS ID #2971170, Steve Koleno. RealTracs MLS as distributed by MLS GRID - $85,0005 acres0 Chambers Rd Lot 6, Millington, TN 38053Lot/LandMLS ID #3078728, Ryan Murphy. RealTracs MLS as distributed by MLS GRID
- $165,00018.95 acres0 Sledge Rd Lot 5, Millington, TN 38053Lot/LandMLS ID #3164636, Elijah Allen Davis King. RealTracs MLS as distributed by MLS GRID
