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Mixed-Use Land for Sale in Memphis, Tennessee

3536 Raleigh Millington Rd, Memphis, TN 38128

$89,000
1.23 acres
Active sale
ago
Est $661/mo

This 1.23+/- acre commercial property is in Shelby County, TN. It is strategically located and offers high visibility. The site sits within a very active area of Memphis. This provides significant exposure for many businesses. The land is in an active location with commercial and residential activity on all sides. This gives business owners, developers, and investors a clear place to build and expand operations. They benefit from simple access to regional roadways. Established local customer bases are within the area. The lot is zoned CMU-1. This designates it for commercial mixed-use purposes. This zoning opens clear opportunities for various retail storefronts. It also allows service-based operations. It is well suited for professional office spaces or a new restaurant, subject to zoning approval. Primary land types include both commercial and residential possibilities for future development plans. This zoning versatility allows customization of operational buildout. It can effectively match current market needs. Visibility remains a key feature for any business establishing itself on this commercial tract. Excellent traffic counts move directly off Raleigh Millington Road and Yale Road every day. The site sits next to an existing retail shopping center. This generates regular customer traffic. Surrounding residential neighborhoods and commercial businesses create an established customer pool nearby. Local drivers can easily see your business site. They travel past it daily.

Location

Street address
3536 Raleigh Millington Rd
Zip code
38128
Elevation
344 feet
Coordinates
35.222, -89.9276

Directions

From Austin Peay Hwy, turn onto Raleigh Millington Rd and head north. The 1.23-acre lot at 3536 is on the road beside the shopping center. Tip: use 3536 Raleigh Millington Rd, Memphis, TN 38128 in GPS.

Property details

Acreage
1.23 acres53,579 sq ft
MLS #
MyStateMLS 12034612
Posted

Parcels

  • 08-6037-0-0004

Listing history

DateEventPriceChangeSource
Oct 20, 2026New listing$89,000—MyStateMLS
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This 1.23-acre property is located at 3536 Raleigh Millington Rd in Memphis, TN 38128. The land is available for sale, priced at $89,000 — $72,358 per acre.

Listed by National Land Realty, Memphis, TN, (855) 384-5263

Checked 2 hours agoUpdated

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