Land for Sale in Memphis, Tennessee

Raleigh-Millington Rd, Memphis, TN 38128

$350,000

15 acres

Active sale

Est $2,427/mo

Prime 15-acre parcel with preliminary planning in place for a 90-townhome development. Over $50,000 has already been invested in initial engineering work. The site is well-positioned for residential development, with timber harvest scheduled to prepare the land for construction. Utilities and infrastructure are accessible nearby. This is a rare opportunity for builders and developers to acquire a partially prepped site with strong development potential.

Location

Street address: Raleigh-Millington Rd
County: Shelby County
Elevation: 317 feet
Coordinates: 35.2199, -89.9238

Land for sale in Tennessee

Property details

Acreage: 15.02 acres
Zoning: RU-2
MLS #: MAAR 10201564
Posted: July 19, 202510 months ago

Property taxes

Recent: $806

Listing history

Date	Event	Price	Change	Source
July 19, 2025	New listing	$350,000	—	MAAR

Payment calculator

This 15.02-acre property is located at Raleigh-Millington Rd in Memphis, TN 38128. The property is available for sale for $350,000 with a price per acre of $23,302.

Listed by Renshaw Company, REALTORS, (901) 756-5127

Checked 1 hour agoUpdated May 28, 2026Source

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