0 Raleigh Millington Rd Memphis, TN 38128
Raleigh NeighborhoodEstimated payment $2,199/month
About This Lot
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.
Property Details
Property Type
- Land
Lot Details
- 15.02 Acre Lot
- Property is zoned RU-2
Listing and Financial Details
- Assessor Parcel Number 090026 00011
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | For Sale | $350,000 | +660.9% | -- |
| 06/11/2024 06/11/24 | Sold | $46,000 | 0.0% | -- |
| 04/14/2024 04/14/24 | For Sale | $46,000 | -94.2% | -- |
| 09/08/2022 09/08/22 | Sold | $790,000 | 0.0% | -- |
| 06/30/2022 06/30/22 | Pending | -- | -- | -- |
| 05/09/2022 05/09/22 | For Sale | $790,000 | +953.3% | -- |
| 01/03/2022 01/03/22 | Sold | $75,000 | -15.7% | -- |
| 12/17/2021 12/17/21 | Pending | -- | -- | -- |
| 11/15/2021 11/15/21 | For Sale | $89,000 | +91.9% | -- |
| 12/21/2020 12/21/20 | Sold | $46,375 | -21.4% | -- |
| 12/02/2020 12/02/20 | Pending | -- | -- | -- |
| 07/15/2020 07/15/20 | Price Changed | $59,000 | -18.1% | -- |
| 01/06/2020 01/06/20 | For Sale | $72,000 | -- | -- |
Source: Memphis Area Association of REALTORS®
MLS Number: 10201564
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