Prime Development Opportunity | 3.31 Acres *Boundaries- For illustrative purposes only. Drawn boundaries are approximate Rare opportunity to secure 3.31 acres with direct access to Main Street, making it an excellent candidate for residential development or a custom private estate. With approximate lot dimensions of 300 x 400, this parcel offers ample space and flexibility for a variety of future plans. Its strong street access, generous footprint, and development potential make this property especially attractive for builders, investors, or buyers looking to create something with long-term value. Whether you’re exploring a small residential project or holding land in a growing area, this tract offers a solid foundation and visibility that is hard to find.
Lot/land
$38,500
1163 W Raines Rd #7, Memphis, TN 38109
--beds
--baths
3.31Acres
Unimproved Land
Built in ----
3.31 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Strong street accessGenerous footprint
- 43 days
- 84
- 21
Zillow last checked:
Listing updated:
Listed by:
Terrance A Hill,
eXp Realty, LLC 888-519-5113
Source: MAAR,MLS#: 10231285
Facts & features
Property
Lot
- Size: 3.31 Acres
- Dimensions: 300 x 400
- Features: Hillside, City Lot, Regular
- Topography: Level,Rolling
Details
- Parcel number: 082027 00076
- Zoning: R-6 Re
- Zoning description: Adjacent Area: Agriculture
Utilities & green energy
- Utilities for property: None
Community & HOA
Community
- Subdivision: Union Central Life Ins Co
Location
- Region: Memphis
Financial & listing details
- Annual tax amount: $229
- Date on market: 9/28/2026
- Cumulative days on market: 260 days
- Listing terms: Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Listed for sale | $38,500-17.9% |
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| 9/19/2026 | Listing removed | $46,900 |
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| 8/24/2026 | Price change | $46,900-2.1% |
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| 8/10/2026 | Price change | $47,900-4% |
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| 7/27/2026 | Price change | $49,900-3.9% |
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| 7/6/2026 | Listed for sale | $51,900 |
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| 7/1/2026 | Listing removed | $51,900 |
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| 6/30/2026 | Price change | $51,900-1.9% |
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| 6/22/2026 | Price change | $52,900-1.9% |
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| 6/10/2026 | Price change | $53,900-1.8% |
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| 6/1/2026 | Price change | $54,900-1.8% |
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| 5/27/2026 | Price change | $55,900-1.8% |
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| 5/11/2026 | Price change | $56,900-1.7% |
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| 4/20/2026 | Price change | $57,900-1.7% |
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| 4/13/2026 | Price change | $58,900-1.7% |
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| 4/4/2026 | Listed for sale | $59,900+360.8% |
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| 7/26/2019 | Sold | $13,000+136.4% |
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| 8/19/2015 | Sold | $5,500 |
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Public tax history
Tax history is unavailable.




