2 days on Rocket
#10201564, Listing office: Renshaw Company, REALTORS
Property details
About Frayser Raleigh Rd
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
Highlights
Home typeVacant Land
StatusActive
Lot size5.42 Acres
MLS #10201493
Summary
- List Price: $67,750
- Lot: City Lot
- 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.
- Lot Size: 5.42 Acres
- MLS Number: 10201493
- Office Name: National Land Realty, LLC
Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 11:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
4
Promise Academy-Spring Hill (ASD)
Public Charter PK-5
0.4 mi
•3796 Frayser Raleigh Rd
3
Aspire Coleman Elementary School (ASD)
Public Charter PK-5
0.6 mi
•3210 Raleigh Millington Rd
5
Egypt Elementary School
Public District PK-5
1.3 mi
•4160 Karen Cv
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,073. Residents of Memphis, TN typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
36%
<35k
51%
35k-100k
12%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
42%
Single, No Kids
31%
Single, with Kids
15%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
35%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Mexican League Soccer
NHRA Drag Racing
Where do the neighbors shop?
Burlington
Big Lots
Books-a-Million
Where do the neighbors go to eat?
Cicis Pizza
Church's Chicken
Golden Corral
What do the neighbors drive?
Pontiac
Chevrolet
Kia
What do the neighbors listen to?
Urban Contemporary- Urban Adult Contemporary
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About Frayser Raleigh Rd
The listing price of Frayser Raleigh Rd property is $67,750.
The property Frayser Raleigh Rd is land located in Memphis, Tennessee, 38128.
Active Listing: Frayser Raleigh Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for Frayser Raleigh Rd are: Promise Academy-Spring Hill (ASD) (GreatSchools Rating 4/10), Aspire Coleman Elementary School (ASD) (GreatSchools Rating 3/10), Egypt Elementary School (GreatSchools Rating 5/10), Memphis Academy of Health Sciences (GreatSchools Rating 3/10), Granville T. Woods Academy of Innovation Charter School (GreatSchools Rating 3/10), Craigmont Middle School (GreatSchools Rating 5/10), Raleigh Egypt High School (GreatSchools Rating 3/10), Craigmont High School (GreatSchools Rating 3/10), Trezevant High School (GreatSchools Rating 3/10).
The property Frayser Raleigh Rd is 5.42 acres.
This home is located at Frayser Raleigh Rd in Memphis, TN and zip code 38128 in the Raleigh neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $67,750.
In June 2025, from all listings sold in Memphis, TN there were more than 73 sold above asking price, over 219 sold below and more than 107 were sold right at the asked price. In June 2025 in Memphis, TN there were 11.9% more homes for sale than in May. While the average time on the market in June 2025 was 35 days, the median list price was $224,900.
From Rocket Homes Real Estate and based on county public records data.