Lot/land

$130,000

1351 W Holmes Rd, Memphis, TN 38109

--beds

--baths

12.98Acres

Unimproved Land

Built in ----

12.98 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Direct highway frontage

Unlocking nearly 13 acres of high-visibility land, this premier development tract at 1351 W Holmes Rd is a standout opportunity in South Memphis. Boasting extensive road frontage along heavily traveled US Highway 61, this site is perfectly positioned to capture high traffic counts and offers unparalleled logistical advantages. The property is exceptionally versatile, featuring CMU-3 (Commercial Mixed-Use) zoning. This is one of the most flexible and intensive commercial classifications in the Memphis Unified Development Code, making it an ideal site for: Retail & Big Box: Large-scale commercial centers or specialized retail. Logistics & Distribution: Strategic location for "last-mile" delivery services. Mixed-Use Projects: Combining commercial services with residential or office components. Hospitality & Service: Ideal for high-traffic service stations, hotels, or medical facilities. Direct Highway Frontage: Massive visibility on US Highway 61 (Third Street), a primary artery for

67 days

247

29

Facts & features

Property

Features

Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Lot

Size: 12.98 Acres
Dimensions: 12.98
Features: City Lot, Irregular Lot
Topography: Rolling,Wooded

Details

Parcel number: 08207100083
Zoning: CMU-3
Zoning description: Adjacent Area: Commercial,Single Family

Utilities & green energy

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

Community & HOA

Community

Subdivision: Michael Alexander Prop

Location

Region: Memphis

Financial & listing details

Tax assessed value: $54,700
Annual tax amount: $1,153
Date on market: 1/11/2026
Cumulative days on market: 70 days
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$942/mo

Price history

Date	Event	Price
1/11/2026	Listed for sale	$130,000
Source: MAAR #10212640 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$721 -18.3%	$13,675 +2.1%
2024	$882 +8.1%	$13,400
2023	$816	$13,400
2022	--	$13,400
2021	--	$13,400
2020	$428	$13,400
2019	$428 -21.1%	$13,400
2018	$543 -45.1%	$13,400
2017	$989 +117.1%	$13,400
2016	$456 -9.4%	$13,400
2014	$503	$13,400

Find assessor info on the county website

BuyAbility℠ payment

Estimated monthly payment

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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