- – beds
- – baths
- – sqft
- 5 sqft lot
- – on site
Discover an exceptional opportunity with this 5.42-acre wooded residential development tract, ideally situated for new housing in a high-growth area. Located less than one mile east of the brand new Nike distribution center and just 1.2 miles from the new Amazon distribution center, this property is perfectly positioned to meet the escalating demand for housing driven by recent new jobs. Zoned RU-2, this parcel is perfect for either single-family or multi-family development. Its gentle rolling topography provides ideal building sites. With 315 feet of direct road frontage on the four-laned Frayser Raleigh Road, the property has great visibility and easy access to public utilities, streamlining the development process. Capitalize on the strategic location, just minutes from Interstate 40, ensuring easy access to anywhere within the vibrant Memphis Metropolitan area. This is more than just land; it's an immediate opportunity to deliver much-needed housing stock to an expanding workfor
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Last updated Jul 18, 2025
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MLS# 10201493 —
The Building
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Type:Land
Financial & Terms
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New Financing:Conventional
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Warranty/Poss Addendums:Possession by Agreement
Location
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Location:City
The Property
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Area:7340
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Improvements:Sidewalk
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Present Usage:None/Vacant
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Zoning:RU-2
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Zoning Of Adjacent Area:Single Family, Multi-Family
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Topographic Feature:Rolling, Wooded
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Acres:5.42
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Lot Size:5 Sqft
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Lots available:1 Only
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Uses of Adjacent Area:Residential, Multi-Family, Church
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Shape:Regular
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Road Frontage:Paved
Listing Agent
- Contact info:
- Agent phone:
- (901) 481-5938
- Office phone:
- (901) 481-5938
Utilities
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Utilities:Public Water, Public Sewer
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/18/25
Jul 18, 2025
|
Listed / Active | MAARMLS | $67,750 |