For sale

$89,000

1.23 acres

3536 Raleigh Millington RdMemphis, TN 38128

Retail property (from the listing description) · Storefront, Shopping center or plaza · MLS 12034612 · Listed 19 days ago (Oct 16, 2026)

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Active: Listed and available according to the MyStateMLS feed.

About this property

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.

Description provided by the listing brokerage.

Key facts

Asking price
$89,000
Status
For sale
Property type
RetailFrom the listing description
Land area
1.23 acresSource field LotSizeAcres
MLS number
12034612

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$89,000

Building and site

County
Shelby County

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Memphis or retail property in Memphis.

Why this listing is on Commercial Only

  • Property type as the listing describes it. (description: "…clear opportunities for various retail storefronts. it also allows service-based operation…")
  • MLS property class detail. (PropertyTypeDetail: commercial)

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Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

    Guides

    Listing courtesy of National Land Realty, Memphis, TN. Listing agent: Bill Patton. Listings provided by MyStateMLS.

    Listing last modified at the source Nov 3, 2026, 12:04 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 12:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.