5137 Tully Rd Memphis, TN 38109
Whitehaven NeighborhoodEstimated payment $83/month
Total Views
55,925
0.49
Acre
$30,612
Price per Acre
21,344
Sq Ft Lot
About This Lot
Build Your Vision Near Whitehaven & Tunica Highway! Discover nearly half an acre (0.49 acres) of opportunity in Memphis' growing 38109 zip code. Zoned CMU-3, this versatile lot is perfect for mixed-use development, small business, residential, or investment potential. Located just off Hwy 61/Third Street near the Mississippi state line, this property offers easy access to Whitehaven, Graceland, Downtown Memphis, and major transportation routes. Whether you're looking to build a rental, establish a storefront, or hold as a land investment near one of the region’s busiest commercial corridors — this is your chance to own in a rapidly developing area with plenty of upside. Zoning: CMU-3 (Commercial Mixed Use) Close to: Graceland, Whitehaven, Hwy 61, Tunica Casinos, and the Memphis International Airport. Don’t miss this affordable land opportunity in a high-demand corridor. Drive by anytime and imagine the possibilities!
Property Details
Property Type
- Land
Est. Annual Taxes
- $47
Lot Details
- 0.49 Acre Lot
- Lot Dimensions are 127x169
- Rural Setting
- Wooded Lot
- Property is zoned CMU-3
Community Details
- Goodman Re Blk B Subdivision
Listing and Financial Details
- Assessor Parcel Number 082045 00010
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $47 | $1,625 | $1,625 | -- |
| 2024 | $47 | $1,400 | $1,400 | -- |
| 2023 | $85 | $1,400 | $1,400 | $0 |
| 2022 | $85 | $1,400 | $1,400 | $0 |
| 2021 | $86 | $1,400 | $1,400 | $0 |
| 2020 | $101 | $1,400 | $1,400 | $0 |
| 2019 | $101 | $1,400 | $1,400 | $0 |
| 2018 | $101 | $1,400 | $1,400 | $0 |
| 2017 | $58 | $1,400 | $1,400 | $0 |
| 2016 | $61 | $1,400 | $0 | $0 |
| 2014 | $61 | $1,400 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | Price Changed | $15,000 | -25.0% | -- |
| 06/26/2025 06/26/25 | For Sale | $20,000 | -- | -- |
Source: Memphis Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $1,077 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Memphis Title |
Source: Public Records
About the Listing Agent
Glenn McDonald Jr.
Licensed Broker • Appraiser • Investor
Serving Tennessee, Mississippi & Arkansas
Looking to buy, sell, or get a property appraised? I’ve got you covered. I specialize in single-family homes, condos, land, & commercial properties across the Memphis metro, North Mississippi, & Eastern Arkansas.
With over 20+ years of experience, I help clients in all situations—from traditional sales to distressed properties like REO Foreclosures, Probates, Divorces, Short
Glenn's Other Listings
Source: Memphis Area Association of REALTORS®
MLS Number: 10199975
APN: 08-2045-0-0010
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