Recreational & Residential Land for Sale in Memphis, Tennessee

Rare opportunity to acquire a three-parcel land assemblage totaling approximately 23.53 acres along Benjestown Road in Memphis, Tennessee, offered together at $105,000. All three parcels are conveyed as a single sale and will not be sold individually. Parcel IDs: 069004-00149 (22.46 acres), 069004-00151 (0.70 acres), and 069004-00150 (0.37 acres). This expansive tract offers over 1,000 feet of road frontage along Benjestown Road with a combined footprint exceeding 1,024,000 square feet. The assemblage is anchored by a 22.46-acre tract featuring approximately 13.46 acres of primary site land and 9 acres of timber and flood terrain, presenting a diverse range of potential uses including residential development, conservation easement, recreational land banking, wetland mitigation, timber harvesting, hunting and recreational lease, and storm water detention. The two companion parcels of 0.70 acres and 0.37 acres adjoin the anchor tract, rounding out a contiguous and unified land position. All three parcels are zoned R-6 Residential Single-Family under the City of Memphis and Shelby County jurisdiction, situated within the Memphis city limits in the 38127 zip code. All three parcels are held under unified ownership, making for a clean and straightforward acquisition. Buyers should note that all three parcels carry a FEMA Zone AE flood designation. The large anchor parcel additionally contains areas of moderate and minimal flood risk. Prospective buyers are strongly encouraged to conduct independent flood, environmental, wetland delineation, and feasibility studies prior to purchase. This is an exceptional land banking and investment opportunity in a market seeing meaningful improvement. All parcels conveyed together. No individual parcel sales.