About This Home

This 0-bedroom, 0-bathroom commercial at 3536 Raleigh Millington Rd in Memphis, TN is listed for $89,000. on a 1.23 acres lot.

Key Features

  • 1.23 acre lot
Listing 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.

Monthly Cost Estimate

$476/mo

20% down · 6.5% · 30 years

Principal$64
Interest$386
Insurance$26

Estimates only. Actual payments may vary.

Location

3536 Raleigh Millington Rd

Memphis, TN 38128

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3536 Raleigh Millington Rd is listed at $89,000. The estimated monthly payment is $476 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 1.23 acre lot.

This property is listed by Bill Patton.

BP

Bill Patton

Agent at National Land Realty, Memphis, TN

Listed by National Land Realty, Memphis, TN · Broker phone: 855-384-5263

MLS# 12034612· Source: My State MLS· 16 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3536 Raleigh Millington Rd, Memphis, TN 38128

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