Exceptional opportunity to own 3.33 acres of vacant land in a highly desirable commercial and logistics corridor. Zoned EMP, this property offers a variety of potential uses, including tractor-trailer parking/storage, landscape company operations, contractor yards, equipment storage, fleet parking, and other off-site storage needs. Strategically positioned between UPS and FedEx facilities, the lot benefits from excellent access to major transportation and distribution. PICS OF GATE ENTRANCE TO HOW HOW TO GET TO THE LOT.
Parkway Village, located between I-240 and the Bill Morris Parkway, is a residential and commercial Memphis neighborhood with mid-century ranch streetscapes and broad, car-friendly arterials. The neighborhood’s character concentrates around the busy Winchester Rd and Perkins Rd corridor, where storefront plazas, barbershops, taquerias, and service counters set a steady, everyday rhythm. Housing leans toward brick one-stories and garden-style apartments with deep setbacks and mature trees. The landscape reads flat and open, with long blocks and wide intersections shaping how people move. Nearby green space and recreation hubs add a practical counterpoint to the retail strips.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Wooded topography
Exterior features
3.33 acres
Wooded lot
Corner lot at Millbranch Rd and I-240 exit
Lot improvements: See remarks
Adjacent zoning is commercial
Home design
Land parcel (no structures listed)
Zoning: EMP
Construction
No building/structure information (land only)
Utilities
Utilities: See remarks
Financial info
Annual city tax approximately $468
Annual county tax approximately $487
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10224066
Jun 15, 2026
Listed
$200,000
REALTRACS as Distributed by MLS Grid #3229255
Jun 3, 2026
Listing Removed
—
Jun 2, 2025
Listed
$249,900
REALTRACS as Distributed by MLS Grid #3095957
Jan 16, 2026
Listing Removed
—
Jan 15, 2026
Listed
$130,000
REALTRACS as Distributed by MLS Grid #3095071
Jan 15, 2026
Listing Removed
—
Jan 15, 2026
Listed
$200,000
Memphis Area Association of Realtors(R) MLS #1
Oct 12, 2025
Price Changed
$249,900
Year
Property tax
Land + Additions
Assessment*
2025
$955 (+59.7%)
$18,120
2024
$598 (+8.1%)
$18,120
2023
$553
$9,080
2022
$553 (−1.2%)
$9,080
2021
$560 (−14.9%)
$9,080
2020
$658
$9,080
2019
$658
$9,080
2018
$658 (+76.3%)
$9,080
2017
$373
$9,080
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
363 ft.
Lot depth
—
Lot size
3.34 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Shelby County
APN
060222 00164
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
FW
Floodway District
The FW District is intended to allow specified uses that will not create flood hazards and which will not be unduly damaged, if flooded. The uses and regulations allowed shall be consistent with the provisions of federal laws and administrative regulations.
Permitted uses
Include but are not limited to:
Agriculture
Recreation
Park & open space
Timberland
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 108° expected this year, 21 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38116
Average low and high temperatures (°F)
47
30
57
38
71
50
77
58
79
63
88
72
92
76
89
72
85
68
77
57
65
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 2% for direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2944 Millbranch Rd
$188,159
$12K under list price of $200K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $108K to $245K.