1.23 Acres Commercial Land, Raleigh

price

$89,000|Listed: Oct 16, 2026

MLS#173419967

location

3536 Raleigh Millington Rd, Memphis, Shelby County, Tennessee

Status:Active

Property Type

  • Commercial Acreage

Acreage

1.23 acres

County

Shelby

Format

Sale

Description

This 1.23± acre commercial property is in Shelby County, TN. It is strategically located and offers high visibility. The site sits within a very active area of Memphis. This provides significant exposure for many businesses. The land is in an active location with commercial and residential activity on all sides.

This gives business owners, developers, and investors a clear place to build and expand operations. They benefit from simple access to regional roadways. Established local customer bases are within the area.

The lot is zoned CMU-1. This designates it for commercial mixed-use purposes. This zoning opens clear opportunities for various retail storefronts. It also allows service-based operations. It is well suited for professional office spaces or a new restaurant, subject to zoning approval.

Primary land types include both commercial and residential possibilities for future development plans. This zoning versatility allows customization of operational buildout. It can effectively match current market needs.

Visibility remains a key feature for any business establishing itself on this commercial tract. Excellent traffic counts move directly off Raleigh Millington Road and Yale Road every day. The site sits next to an existing retail shopping center. This generates regular customer traffic. Surrounding residential neighborhoods and commercial businesses create an established customer pool nearby.

Local drivers can easily see your business site. They travel past it daily.

Listing Agent

img

Bill Patton

company

National Land Realty

location

Collierville, Tennessee

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