Land for Sale in 38159, TN

26 homes

Sort:

Recommended

ABOUT THIS HOME
Land for sale in 38159, TN:
This surveyed 0.97± acre commercial development tract in South Downtown Memphis, Shelby County, TN, offers flexible CMU-3 zoning that supports both commercial and residential development, giving you many options for your build. Recent survey and Phase I environmental study available. The site has 178 feet of frontage on BB King Blvd for excellent visibility, and all utilities are already available, which simplifies construction. Established commercial neighbors help bring constant activity to the area. Access is easy to I-55, I-40, and I-240, connecting you to the entire region for clients and shipping partners. The property is also within walking distance of the FedExForum a

$299,000

Land0.97 acre (lot)

618 Bb King Blvd, Memphis, TN 38126

Excellent visibility • Easy access to i-40 • 178 feet of frontage

ABOUT THIS HOME
Land for sale in 38159, TN:
Location, location, location! This rare 0.25-acre vacant lot sits in the heart of Downtown Memphis, offering endless possibilities for development or investment. Whether you're looking to build residential units, a commercial space, or a mixed-use property, this lot puts you right in the center of everything Memphis has to offer. Whether you're a local developer or an out-of-town investor, this is a prime opportunity to make your mark in one of the South’s most iconic cities. With limited land availability downtown, lots like this don’t last long.

$280,000

Land0.25 acre (lot)

430 N Front St, Memphis, TN 38103

Prime opportunity

ABOUT THIS HOME
Land for sale in 38159, TN:
Rare Downtown Memphis Infill Site/+- 22,000 SF ("0.51 AC") opportunity zone. Mixed-use half an acre lot that would be excellent for mixed-use, multifamily, hotel, retail, office -condos or other commercial development, subject to applicable zoning and approvals.

$975,000

Land0.50 acre (lot)

463 N Front St N, Memphis, TN 38105

Opportunity zone • Downtown memphis

ABOUT THIS HOME
Land for sale in 38159, TN:
Great piece of land behind Ronald McDonald House of Memphis. Currently a grass lot but could easily be paved for excess parking.

$29,000

Land5,227 sq ft (lot)

561 Exchange Ave, Memphis, TN 38105

Excess parking • Grass lot

ABOUT THIS HOME
Land for sale in 38159, TN:
Great opportunity to build on this residential lot located at 891 Keel Ave in Memphis, TN 38107. Whether you’re a builder, investor, or future homeowner, this property offers solid potential for new construction or your next investment project. Situated with convenient access to major roadways and surrounding Memphis areas, this lot provides a great chance to bring your vision to life. With ongoing development and investment happening throughout parts of the city, this could be an excellent opportunity to secure land at an affordable value.

$12,000

Land1,306 sq ft (lot)

891 Keel Ave, Memphis, TN 38107

Listed 154 days

Property at 597 Alabama Ave, Memphis, TN 38105

$85,000

Land0.29 acre (lot)

597 Alabama Ave, Memphis, TN 38105

Property at 0 N Orleans St, Memphis, TN 38105

$145,000

Land0.27 acre (lot)

0 N Orleans St, Memphis, TN 38105

Property at 229 Leath St, Memphis, TN 38105

$49,900

Land4,356 sq ft (lot)

229 Leath St, Memphis, TN 38105

Property at 399 S B B King Blvd, Memphis, TN 38126

$599,900

Land0.58 acre (lot)

399 S B B King Blvd, Memphis, TN 38126

Property at 762 Leath St, Memphis, TN 38107

$12,000

Land3,484 sq ft (lot)

762 Leath St, Memphis, TN 38107

Property at 387 Leath St, Memphis, TN 38105

$45,000

Land1,742 sq ft (lot)

387 Leath St, Memphis, TN 38105

Property at 226 Chelsea Ave, Memphis, TN 38107

$300,000

Land0.52 acre (lot)

226 Chelsea Ave, Memphis, TN 38107

Property at 743 E Pontotoc Ave, Memphis, TN 38126

$75,000

Land6,969 sq ft (lot)

743 E Pontotoc Ave, Memphis, TN 38126

Property at 688 Looney Ave, Memphis, TN 38107

$40,000

Land3,920 sq ft (lot)

688 Looney Ave, Memphis, TN 38107

Property at 705 E Pontotoc Ave, Memphis, TN 38126

$225,000

Land0.94 acre (lot)

705 E Pontotoc Ave, Memphis, TN 38126

Property at 935 Tully St, Memphis, TN 38107

$20,000

Land4,791 sq ft (lot)

935 Tully St, Memphis, TN 38107

Property at 944 Tully St, Memphis, TN 38107

$20,000

Land0.26 acre (lot)

944 Tully St, Memphis, TN 38107

Property at 933 Tully St, Memphis, TN 38107

$20,000

Land4,791 sq ft (lot)

933 Tully St, Memphis, TN 38107

Property at 307 Leath St, Memphis, TN 38105

$29,999

Land5,662 sq ft (lot)

307 Leath St, Memphis, TN 38105

Property at 937 Tully St, Memphis, TN 38107

$20,000

Land4,791 sq ft (lot)

937 Tully St, Memphis, TN 38107

Property at 679 E Pontotoc Ave, Memphis, TN 38126

$142,000

Land0.42 acre (lot)

679 E Pontotoc Ave, Memphis, TN 38126

Property at 648 E Pontotoc Ave, Memphis, TN 38126

$440,000

Land1.66 acres (lot)

648 E Pontotoc Ave, Memphis, TN 38126

Property at 305 Ayers St, Memphis, TN 38105

$20,000

Land3,484 sq ft (lot)

305 Ayers St, Memphis, TN 38105

Property at 0 Vance Ave SE, Memphis, TN 38103

$250,000

Land6,969 sq ft (lot)

0 Vance Ave SE, Memphis, TN 38103

Property at 410 Orleans St, Memphis, TN 38126

$34,900

Land0.24 acre (lot)

410 Orleans St, Memphis, TN 38126

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 0 S Lauderdale St, Memphis, TN 38126

$5,000

Land3,484 sq ft (lot)

0 S Lauderdale St, Memphis, TN 38126

Listing provided by REALTRACS as Distributed by MLS Grid

Viewing page 1 of 1

Land for Sale in 38159

There are currently 26 land homes for sale in 38159. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 38159 every 15 minutes.

Find your dream home in 38159 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 38159 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38159. If you're looking to sell your home in the 38159 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38159 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for 38159, TN

Nearby Zip Codes

Cities

Nearby Zip Codes with Land

Nearby Cities with Land

More to explore in 38159, TN

How to buy a house in 38159, TN

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Tennessee

Based on information submitted to the MLS GRID as of Wed Oct 14 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.