0 Frasier-Raleigh Rd - Residential LAND FOR SALE


Memphis, TN 38128- Raleigh236,095 SF
$67,750 USD
855-384-5263
0 Frasier-Raleigh Rd, Memphis, TN for Sale
$67,750 USD
Residential LAND - FOR SALE
1/9
236,095 SF

0 Frasier-Raleigh Rd
Memphis, TN 38128
Raleigh


HIGHLIGHTS

  • Great location less than 1.2 miles to the new Nike and Amazon distribution centers.
  • 315 feet of road frontage along a four laned street.
  • Easy access to all public utilities including electricity, water/sewer and natural gas.
  • Zoned RU-2 which accommodates single family or multi-family residential housing.
  • Located just minutes from Interstate 40 which provides quick access to all of the Memphis Metropolitan area.

OVERVIEW

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 workforce.

FOR SALE DETAILS

PRICE

$67,750 USD

PRICE/ACRE

$12,500/AC

PRICE/SF

$0.29 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Memphis Residential Development Property

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

5.42 AC

LAND SF

236,095 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas

ZONING

RU-2

APN/PARCEL ID

08 4010 0 0007

ASK ABOUT THIS PROPERTY

Bill PattonNational Land RealtyMore Info
855-384-5263

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Bill PattonNational Land RealtyMore Info
855-384-5263

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.