$100,000
SOLD APR 21, 2026
12.98 Acres
$7,704 Price per Acre
565,409 Sq Ft Lot

Sale Details

Date Sold: April 21, 2026

23% Below List Price

77 Days on Market

Highlights

  • Water Views
  • Wooded Lot
  • Lot Has A Rolling Slope
  • 12.98 Acre Lot

About This Lot

As of April 2026

Unlocking nearly 13 acres of high-visibility land, this premier development tract at 1351 W Holmes Rd is a standout opportunity in South Memphis. Boasting extensive road frontage along heavily traveled US Highway 61, this site is perfectly positioned to capture high traffic counts and offers unparalleled logistical advantages. The property is exceptionally versatile, featuring CMU-3 (Commercial Mixed-Use) zoning. This is one of the most flexible and intensive commercial classifications in the Memphis Unified Development Code, making it an ideal site for: Retail & Big Box: Large-scale commercial centers or specialized retail. Logistics & Distribution: Strategic location for "last-mile" delivery services. Mixed-Use Projects: Combining commercial services with residential or office components. Hospitality & Service: Ideal for high-traffic service stations, hotels, or medical facilities. Direct Highway Frontage: Massive visibility on US Highway 61 (Third Street), a primary artery for

Last Agent to Sell the Property

William Patton

National Land Realty, LLC License #240224 Listed on: 01/09/2026

Last Buyer's Agent

William Patton

National Land Realty, LLC License #240224 Listed on: 01/09/2026

Property Details

Property Type

  • Land

Lot Details

  • 12.98 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned CMU-3

Additional Features

  • Water Views
  • City Lot

Community Details

  • Michael Alexander Prop Subdivision

Property Details

Property Type

Land

Lot Details

12.98 Acres

Listing Details

  • Class: Land
  • Type: Land
  • Location: City
  • MAAR Subdivision Name: Coro Lake
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Electricity, Public Sewer, Natural Gas

Association/Amenities

  • Amenities: Waterview

Lot Info

  • Acreage: 12.98
  • Lot Size: 12.98
  • Zoning: CMU-3
  • Present Usage: None/Vacant
  • Shape: Irregular
  • Topographic Feature: Rolling, Wooded
  • Zoning Of Adjacent Area: Single Family, Commercial
  • Geo Subdivision: TN
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/21/2026 04/21/26 Sold $100,000 -23.1% --
03/27/2026 03/27/26 Pending -- -- --
01/09/2026 01/09/26 For Sale $130,000 -- --
Source: Memphis Area Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10212640

Memphis Area Association of REALTORS®
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