$55,000
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Frayser Raleigh RD, Memphis, TN 38128

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

  • MLS# 10201493
  • Date Listed07/17/2025
  • Bedrooms -
  • Bathrooms
  • Lot Size 5.42 acres (236,095 sq. ft)
  • Sewer Public Sewer
  • Subdivision Taylor
  • Property Type
  • County Shelby
  • Water Public

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 5.42
  • Lot Size SQFT 236,095.20
  • Lot Features Wooded, Rolling Slope

Financial Considerations

  • Tax Amount $378
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in TN / 38128

Source: Walkscore

49/100

Car-Dependent

Walk Score ®

29/100

Some Transit

Transit Score ®

32/100

Bikable

Bike Score ®

Overview

Most errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

3 nearby routes: 3 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 14/100, Bike Score: 29/100.

Property Change History

List Price decreased from $57,500 to $55,000
Property Lot Features updated
WoodedWooded, Rolling Slope
List Price decreased from $67,750 to $57,500

Points of Interest near FRAYSER RALEIGH RD, Memphis, TN 38128

Frequently Asked Questions for FRAYSER RALEIGH RD

Source: Realty.com

FRAYSER RALEIGH RD, Memphis, TN 38128 is a , Land property listed for $55,000 The property is - sq. ft with - bedrooms and 0 bathrooms

Realty.com has 8 photos of FRAYSER RALEIGH RD.

The full address for this home is FRAYSER RALEIGH RD, Memphis, TN 38128.

FRAYSER RALEIGH RD has been listed on Realty.com since Thu July 17, 2025

Most errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 14/100, Bike Score: 29/100.

There are 3 schools assigned to this home. Check out the schools near FRAYSER RALEIGH RD. Promise Academy - Spring Hill (Grades: PK - 5), Raleigh Egypt Middle School (Grades: 6 - 8), Raleigh Egypt High School (Grades: 9 - 12)

Listing provided courtesy of: National Land Realty, Llc
Listing agent: William Patton (tel: 901-481-5938) (#13163)

This content last refreshed on 2026-03-01 17:46:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of FRAYSER RALEIGH RD, Memphis, TN 38128 : MLS# 10201493