3250 Forest Brook Dr, Memphis, TN 38118

--beds

--baths

0.25Acres

Unimproved Land

Built in ----

0.25 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Rare oversized corner lot

Rare oversized corner lot offering exceptional development potential in one of Memphis’ strongest rental corridors. With over 10,000 sq ft, this property presents an outstanding opportunity for investors, builders, or developers looking to create a multifamily project in a rapidly growing rental market. Per seller discussions with the planning office, the site may potentially qualify for up to 5 units subject to buyer verification and approval. Utilities are nearby, making future development more convenient and cost effective. Conveniently located near shopping, schools, major roads, Memphis International Airport, and everyday amenities. Corner lots with this type of size and possible density potential are becoming increasingly difficult to find at this price point. Owner Agent

37 days

140

7

Facts & features

Property

Lot

Size: 0.25 Acres
Dimensions: 10846
Features: Corner Lot, City Lot, Regular
Topography: Level

Details

Parcel number: 073041 F00028
Zoning: RU-3
Zoning description: Adjacent Area: Multi-Family

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Subdivision: Knightwoods

Location

Region: Memphis

Financial & listing details

Tax assessed value: $13,000
Annual tax amount: $168
Date on market: 6/20/2026
Cumulative days on market: 38 days
Listing terms: Conventional,Subject to Zone Change,Will Build
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$947/mo

Price history

Date	Event	Price
6/20/2026	Listed for sale	$28,000+245.7%
Source: MAAR #10224449 Report a problem
4/7/1989	Sold	$8,100
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$171 +9.5%	$3,250 +36.8%
2024	$156 +8.1%	$2,375
2023	$145	$2,375
2022	--	$2,375
2021	--	$2,375
2020	$76	$2,375
2019	$76 -21.1%	$2,375
2018	$96 -45.1%	$2,375
2017	$175 +117.1%	$2,375
2016	$81 -81.6%	$2,375
2014	$438	$2,375 -51%
2013	--	$4,850 -64.7%
2012	--	$13,750
2011	--	$13,750
2010	--	$13,750
2009	--	$13,750
2008	--	$13,750
2007	--	$13,750
2006	--	$13,750
2005	--	$13,750 +4.4%
2004	--	$13,175
2003	--	$13,175
2002	--	$13,175 -37.5%
2001	--	$21,080 +12.8%
2000	--	$18,680

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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