5259 Stage Rd, Bartlett, TN 38134
- $120,000
- Sold Price
- $120,000
- List Price
- $144,977
- Closing Date
- May 26, 2026
- MLS#
- 10222341
- Property Type
- Land
- Lot Size
- 2.957 acres
- Status
- CLOSED
Property Description
PRIME R-10 DEVELOPMENT OPPORTUNITY-2.96 Acres | 5259 Stage Road, Memphis, TN 38134 $227,000 | 6-12 potential Home Sites. Land cost per lot: $20,625 to $41,250 depending on density (6 to 12 homes) In a market where median home prices hit $353,900 and inventory sits at only 202 homes, can you afford to pass on land at these prices? Quick ROI scenario (10 homes): 10 homes × $350,000 = $3.5M gross Land + construction + infrastructure = ~$2.75M potential profit: $750K+ Blue Sky Communities just validated this market with their $162M Union Depot development nearby—337 flats, 161 single-family homes at ~$450K, and 70 townhouses at ~$300K. Institutional money chose this corridor for a reason. Location advantages: I-40 access (1.5 miles) - BlueOval City bringing 3,000+ new Bartlett residents Wolfchase Galleria (minutes away)Buyer is responsible for utility connections, permits, and infrastructure.Established neighborhoods surrounding the property Verify all information independently.
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Additional Information
- Acres
- 2.95
- Annual City Tax
- 309
- Annual County Tax
- 328
- Improvements
- None
- Legal Subdivision
- Unsubdivided
- Location
- City
- Lots Available
- 1 Only
- Lot Size
- 2.957 acres
- New Financing
- Conventional, Owner
- Present Usage
- None/Vacant
- Shape
- Irregular
- Subdivision
- UNSUBDIVIDED
- Subtype
- Land
- Utilities
- Other (See REMARKS)
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Listing courtesy of eXp Realty, LLC. Selling Office: Grand Point Realty, LLC.
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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.