4800 OLD RALEIGH MILLINGTON RD Memphis, TN ^$ 829,900

4800 OLD RALEIGH MILLINGTON RD

^$ 829,900

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4800 OLD RALEIGH MILLINGTON RD

Memphis, TN, 38128

^$ 829,900

Studio Baths0.0

Monthly Estimate*

^$ 5,177

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Studio

Lots and Land for sale in Memphis, TN

for $829,900. The lot size is 56.07.

Crye-Leike Commercial is proud to present this exceptional opportunity to acquire over 56 acres on Old Raleigh Millington Rd near by New Allen Road. This unique property is currently home of long established carriage company and includes multiple horse barns with 88 Stalls and many horses on site. The seller is open to subdividing and selling portions of the land, offering flexibility for a variety of buyers and development vision.

Lots and Land Active

Price

^$ 829,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 3,500

Style

Lot Size

56.07

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10210303

Features

General

Utilities Electricity Public Water

Zoning R-8-

Status Active Active

Legal Subdivision Name N/A

County Shelby

Class Land

Type Land

Area 731A Egypt Central

Parcel Number 090002 00008

Road Frontage Dirt Private

Miscellaneous Pond/Lake (Stocked)

Sale/Rent For Sale

Status Detail 0

Location City Corner

Directions From 240 to Jackson Ave to Raleigh Millington Rd. Go straight north till it become to Old Raleigh Millington Rd to 4800 Old Raleigh Millington rd (Just north of Raleigh Millington Church) on the West

City Memphis

DOM 24

Exterior

Lot Size Area 56.07

Lot Size 56.07 Acre

Improvements Fenced

* Excluded Features

List By

Crye-Leike Commercial

Broker

Affordability Calculator

$5,469

Per Month

Monthly Principal & Interest: $5,177
Monthly Property Taxes: $292
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Memphis, TN

Average List Price ^$114,203

Percent of Sale Price 86%

About Memphis, TN

651,785 Population

-6% Since 2002

^$38,338 Median Income

35.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

460623 Elementary School

460624 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/22/2025	$829,900		Listed Price

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4800 OLD RALEIGH MILLINGTON RD, Memphis, TN, 38128 is a Lots and Land for sale at $829,900 with a lot size of 56.07. 4800 OLD RALEIGH MILLINGTON RD is a studio with 0.0 baths. The property's zip code is 38128 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Some or all of the listings displayed may not belong to the firm whose website is being visited.

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.

Data is updated as of 12/17/2025.

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4800 OLD RALEIGH MILLINGTON RD

Lots and Land for sale in Memphis, TN

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