11.55 Acres, Zoned CMU-2, Surrounded by Home Depot, Starbucks, Etc. Uses Include, Single Family Homes, Apts. / Multi Family (minimum size 20,000 SqFt), Medical Space & More. Less than 20 mins. to Downtown Memphis.
Vacant landProperty Type
11.55 acresLot Size
$95,238Price/Acres
Listed by John Cornes• Braden, Braden & Braden LLC
Raleigh-Ridge Park, located between Raleigh and Bartlett, is a residential and suburban Memphis neighborhood with broad, tree-lined blocks and a park-and-greenway feel. The neighborhood’s character concentrates around the Austin Peay Highway and Covington Pike corridor, where auto shops, local eateries, and everyday retail create a steady, street-level hum. Housing leans toward mid-century ranches and later brick builds with generous yards and long driveways. Nearby green space and ballfields shape an outdoors-forward routine. The area’s geography reads as north Memphis: wide arterials, big skies, and pockets of quiet streets set back from traffic. Community pillars nearby include the Bartlett Performing Arts & Conference Center, Davies Manor Historic Site, and the summer energy of the Bartlett Festival.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Wooded topography
Exterior features
11.55-acre parcel
Regular-shaped lot
Paved road frontage
Corner location at Covington Pike and Stage Road
No improvements
Adjacent area used for food service and retail
Home design
Land property
Located in the city
Construction
Zoned CMU-2
Utilities
No utilities available
Other
Parcel ID 087053 00055
One lot available
MAAR subdivision: OVERTON CLAXTON LAND
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10201799
Jun 15, 2026
Price Changed
$1,100,000
Jul 22, 2025
Listed
$1,200,000
Public Records
Feb 19, 2010
Sold
$99,000
Public Records
Aug 23, 2006
Sold
$118,260
Year
Property tax
Land + Additions
Assessment*
2025
$5,901 (−20.0%)
$111,960
2024
$7,373 (+8.1%)
$111,960
2023
$6,820
$111,960
2022
$6,820 (−1.2%)
$111,960
2021
$6,900 (−14.9%)
$111,960
2020
$8,113
$111,960
2019
$8,113
$111,960
2018
$8,113 (+76.3%)
$111,960
2017
$4,602
$111,960
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
11.55 Acres
Year renovated
—
Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Vacant Land
County
Shelby County
APN
087053 00055
Parking Spaces
—
Basement
—
Accessible
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HOA Dues
—
Garage
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Features
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Last updated by owner on Jun 16, 2026.
CMU-2
Commercial Mixed Use-2 District
The commercial mixed use districts are intended to accommodate retail, service and commercial uses and to ensure that commercial-zoned areas are compatible with the character of existing neighborhoods. While the districts primarily accommodate commercial uses, apartments and upper-story residential are allowed in order to promote live/work and mixed use opportunities. To provide for additional housing choice, single-family detached is permitted in the CMUdistricts. The CMU- districts are not intended to provide for areas exclusively dominated by any one particular use but provide for neighborhoods that successfully integrate several types of compatible uses together.; The CMU-2 District is intended to provide for commercial, office, and employment uses that serve through traffic as well as surrounding neighborhoods. Residential uses are allowed on the ground floor but upper-story units are encouraged. Typical centers may include anchor tenants up to 80,000 sq ft of ground floor area. Uses in this district are intended to be located within convenient traveling distance from the multiple neighborhoods they are designated to serve.
Permitted uses
Include but are not limited to:
Day care facility
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Mixed use
Office
Medical office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 110° expected this year, 21 days in 30 years
4/10 Wind Factor
13% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38128
Average low and high temperatures (°F)
46
29
57
36
71
50
78
58
79
62
89
72
93
76
90
71
85
66
77
55
65
48
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 0 Stage Rd
$979,703
$120K under list price of $1.10M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $197K to $252K.