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
Directions
From Interstate 40 in Memphis take Exit 6 onto N Warford St (New Allen Rd) and drive north for 2.5 miles and turn right on Frayser Raleigh Rd. Head east for 0.7 miles and the property is on the right.
Financial Considerations
- Tax Amount $378
- Terms Cash, Conventional, FHA, VA Loan
Schools near 38128
Explore the local neighborhood highlights and top-rated schools near 38128 in Memphis, TN.
Nearby Schools
Source: School Digger
Public • PK - 5 • Serves this home
1.33 mi
Distance
Public • 6 - 8 • Serves this home
2.08 mi
Distance
Public • 9 - 12 • Serves this home
2.08 mi
Distance
Public • PK - 5 • Serves this home
1.33 mi
Distance
Public • PK - 5
2.08 mi
Distance
Scenic Hills Elementary School
Public • PK - 5
2.93 mi
Distance
Public • PK - 5
2.94 mi
Distance
Brownsville Rd Elementary School
Public • PK - 5
2.95 mi
Distance
Public • PK - 5
3.04 mi
Distance
Raleigh- Bartlett Meadows School
Public • PK - 5
3.41 mi
Distance
Lucie E. Campbell Elementary School
Public • PK - 5
3.78 mi
Distance
Wells Station Elementary School
Public • PK - 5
4.01 mi
Distance
Public • PK - 8
4.54 mi
Distance
Public • 6 - 8 • Serves this home
2.08 mi
Distance
Public • 6 - 8
2.77 mi
Distance
Memphis Academy Of Health Sciences
Public • 6 - 8
4.03 mi
Distance
Public • 6 - 8
5.02 mi
Distance
Memphis Business Academy Middle School
Public • 6 - 8
5.42 mi
Distance
Grandview Heights Middle School
Public • 6 - 8
5.51 mi
Distance
Public • 6 - 8
6.15 mi
Distance
Georgian Hills Junior High School
Public • 6 - 8
6.32 mi
Distance
Public • 6 - 8
6.36 mi
Distance
Public • 6 - 8
7.37 mi
Distance
Public • 9 - 12 • Serves this home
2.08 mi
Distance
Public • 9 - 12
2.77 mi
Distance
Memphis Academy Of Health Sciences High School
Public • 9 - 12
4.03 mi
Distance
Public • 10 - 12
4.51 mi
Distance
Public • 9 - 12
4.54 mi
Distance
Public • 9 - 12
4.6 mi
Distance
Trezevant Career And Technical School
Public • 9 - 12
4.71 mi
Distance
Public • 9 - 12
5.02 mi
Distance
Public • 9 - 12
5.02 mi
Distance
Memphis Business Academy High School
Public • 9 - 12
5.42 mi
Distance
Private • PK - 12
5.37 mi
Distance
Private • PK - 12
5.37 mi
Distance
Gateway Christian Schools - Campus School
Private • 02 - 12
6.01 mi
Distance
Faith Heritage Christian Academy
Private • KG - 12
6.03 mi
Distance
Brinkley Heights Urban Academy
Private • PK - 12
6.37 mi
Distance
Private • 01 - 12
7.09 mi
Distance
Private • 06 - 12
7.32 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 5110 OAK MEADOW AVE | Listing | 3 | 2 | Jul 07, 2026 | $199,900 | Feb 23, 2024 | $133,896 |
| 4564 STAGE RD | 2 | 1 | Jul 28, 2026 | $90,000 | Aug 26, 2026 | - |
| 4355 KERWIN DR | 3 | 2 | Jun 29, 2026 | $140,000 | Aug 26, 2026 | - |
| 4689 RALEIGH-LAGRANGE RD | 4 | 2 | Aug 04, 2026 | $99,900 | Aug 26, 2026 | - |
| 4032 HALIBURTON ST | 3 | 2 | Aug 18, 2026 | $110,000 | Aug 26, 2026 | - |
| 4788 HUNTERS GLEN CV | 3 | 2 | Aug 20, 2026 | $179,900 | Aug 26, 2026 | - |
| 3566 MONESSEN DR | 3 | 2 | Aug 22, 2026 | $175,000 | Aug 26, 2026 | - |
| 3788 RALEIGH-MILLINGTON RD | 3 | 1 | Jul 22, 2026 | $280,000 | Aug 26, 2026 | - |
| 4053 LEHI DR | 3 | 2 | Aug 21, 2026 | $130,000 | Aug 26, 2026 | - |
| 3461 GLENSHAW DR | 3 | 2 | Jun 30, 2026 | $129,900 | Aug 26, 2026 | - |
Local Neighborhood Highlights for 38128
Discover key demographics, population statistics, and environmental insights for the Memphis, TN area.
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 43,795 | 651,881 | 952,310 | 335,858,263 |
| Population Density | 1,854 | 2,096 | 1,248 | 95 |
| People per Household | 2.8 | 2.5 | 2.6 | 2.6 |
| Median Age | 33.1 | 36.1 | 37.1 | 39.1 |
| Median Income | $37,877 | $43,229 | $53,659 | $66,222 |
| Average Income | $17,882 | $25,569 | $30,304 | $35,475 |
| Cost of Living Index | 88 | 81 | 87 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 28.2°F | 31.3°F | 28.2°F | 22.6°F |
| July Avg. High Temp | 91.1°F | 92.1°F | 91.1°F | 86.2°F |
| Annual Precipitation | 53.63" | 54.65" | 53.63" | 38" |
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: 17/100, Transit Score: 14/100, Bike Score: 29/100.
Property Change History
Points of Interest near FRAYSER RALEIGH RD, Memphis, TN 38128
634 ft
Distance
845 ft
Distance
0.21 mi
Distance
0.23 mi
Distance
0.26 mi
Distance
0.35 mi
Distance
0.55 mi
Distance
0.56 mi
Distance
370 ft
Distance
0.43 mi
Distance
0.43 mi
Distance
0.46 mi
Distance
0.47 mi
Distance
0.49 mi
Distance
0.54 mi
Distance
0.35 mi
Distance
0.55 mi
Distance
686 ft
Distance
950 ft
Distance
0.31 mi
Distance
686 ft
Distance
950 ft
Distance
0.31 mi
Distance
0.26 mi
Distance
0.45 mi
Distance
Similar Priced Comparison
-
$49,500 Activebds • 0 ba • sqft
00 RALEIGH-MILLINGTON RD
- Unknown size
- Lot smaller by 156,381 sqft
- Unknown year built
Listing by: Alex L Da Ponte - Sowell, Realtors -
$65,000 Activebds • 0 ba • sqft
00 RALEIGH-LAGRANGE RD
- Unknown size
- Lot larger by 25,265 sqft
- Unknown year built
Listing by: Adam T Watson - Keller Williams -
$66,000 Activebds • 0 ba • sqft
00 LAKEHURST DRIVE DR
- Unknown size
- Lot smaller by 71,874 sqft
- Unknown year built
Listing by: Payton L Shinault - Small Town Hunting Properties -
$47,500 Activebds • 0 ba • sqft
3539 SCHOOLFIELD RD
- Unknown size
- Lot smaller by 179,032 sqft
- Unknown year built
Listing by: Brittan A Robbins - Real Broker -
$58,000 Activebds • 0 ba • 1537 sqft
2065 PAMELA DR
- Home larger by 1,537 sqft
- Lot smaller by 221,721 sqft
- Unknown year built
Listing by: Rolanda D Smith - eXp Realty, LLC
Nearby Locations
Communities
- Wells Homes For Sale
- Williamsburg Park Homes For Sale
- Raleigh Homes For Sale
- Jackson Homes For Sale
- Gragg Homes For Sale
- Berclair Homes For Sale
- Nutbush Homes For Sale
- Timberlake Homes For Sale
- Berclair - Highland Heights Homes For Sale
- Grahamwood Homes For Sale
- Appling Homes For Sale
- Normandy Meadows Homes For Sale
- Douglass Homes For Sale
- Daybreak Homes For Sale
- Highland Heights Homes For Sale
- Pidgeon Estates Homes For Sale
- High Point Terrace Homes For Sale
- East Memphis Homes For Sale
- Lambelle Heights Homes For Sale
- Hyde Park Homes For Sale
Nearby Zips
- 38128 Homes For Sale
- 38134 Homes For Sale
- 38122 Homes For Sale
- 38135 Homes For Sale
- 38108 Homes For Sale
- 38117 Homes For Sale
- 38120 Homes For Sale
- 38112 Homes For Sale
- 38111 Homes For Sale
- 38133 Homes For Sale
- 38127 Homes For Sale
- 38104 Homes For Sale
- 38107 Homes For Sale
- 38119 Homes For Sale
- 38114 Homes For Sale
- 38016 Homes For Sale
- 38105 Homes For Sale
- 38053 Homes For Sale
- 38018 Homes For Sale
- 38115 Homes For Sale
Nearby Cities
- Ellendale, TN Homes for Sale
- Bartlett, TN Homes for Sale
- White Station, TN Homes for Sale
- Overton, TN Homes for Sale
- Memphis, TN Homes for Sale
- Cordova, TN Homes for Sale
- Millington, TN Homes for Sale
- Germantown, TN Homes for Sale
- Lakeland, TN Homes for Sale
- Bailey, TN Homes for Sale
- Tipton, TN Homes for Sale
- Arlington, TN Homes for Sale
- Olive Branch, MS Homes for Sale
- Eads, TN Homes for Sale
- Atoka, TN Homes for Sale
- Collierville, TN Homes for Sale
- Munford, TN Homes for Sale
- Southaven, MS Homes for Sale
- Drummonds, TN Homes for Sale
- Jago, MS Homes for Sale
Similar Searches
- Memphis Land for Sale
- Memphis New Homes for Sale
- Memphis Single Story Homes for Sale
- Memphis Homes with Pools for Sale
- Memphis Cheap Homes for Sale
- Memphis Luxury Homes for Sale
- Memphis Condos for Sale
- Memphis Town Homes for Sale
- Memphis Commercial for Sale
- Memphis Open Houses for Sale
- Memphis Two Car Garage Homes for Sale
- Memphis Large Lots for Sale
- National Listings
- National Home Values
- Properties in TN
- Home Values in TN
- Other properties in Shelby, TN
- Other properties in 38128, TN
- Home Values in Memphis, TN
Frequently Asked Questions for FRAYSER RALEIGH RD
Source: Realty.com
FRAYSER RALEIGH RD, Memphis, TN 38128 in Taylor, Memphis, TN 38128 is a land listed at $55,000. Highlights include 5.42 acre lot. Realty.com has 8 photos, sales history, school insights, and mortgage tools for this listing.
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: 17/100, 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 2026-08-26 06:15:09. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.