4610 Raleigh Lagrange Rd

Unlock the potential of this massive 29.21-acre development site. Perfectly positioned at the southeast corner of Raleigh Lagrange Road and Hoover Drive, this expansive property offers a rare combination of high-visibility commercial frontage and deep residential acreage. Whether you are looking to execute a master-planned community or secure a strategic commercial hard corner, this site provides the scale and traffic metrics to support a landmark project in East Memphis.

Versatile Parcel Configuration & Development Flexibility

One of the most attractive features of this offering is the flexibility of use. The owner is willing to divide the property, allowing investors to target specific development sectors or acquire the entire site for a comprehensive mixed-use venture.

• Parcel 1: Prime Commercial Corner (2.8 Acres)

  • Boasting direct frontage on the hard corner, this parcel is ideally suited for retail, medical offices, or service-based businesses looking to capitalize on high daily traffic.

• Parcel 2 & 3: Expansive Residential Land (26.41 Total Acres)

  • Parcel 2: 10.52 Acres

  • Parcel 3: 15.89 Acres

  • These deep parcels offer a serene backdrop for a new residential subdivision, multi-family development, or a luxury gated community, all while maintaining proximity to major city arteries.

Location Intelligence & Traffic Metrics

In commercial and residential real estate, traffic flow is the ultimate driver of value. This property sits on a vital transit corridor that connects growing residential neighborhoods to major employment hubs.

• High Exposure: Raleigh Lagrange Road features a significant traffic count of 26,315 AADT (Average Annual Daily Traffic).

• Corner Visibility: The intersection at Hoover Drive ensures easy ingress/egress and high visibility for any future commercial tenants.

• Regional Connectivity: Situated in a stable and growing trade area, the site offers convenient access to local schools, parks, and regional shopping centers, making it a highly desirable location for future homeowners.

Investment Highlights: Why This Property?

1. "Divide & Conquer" Potential: The ability to purchase individual parcels allows for a lower entry cost for specialized developers or a phased development strategy.

2. Strategic Hard Corner: 2.8 acres of commercial-ready land at a major intersection is an increasingly rare asset in the Memphis market.

3. Scale for Master Planning: With nearly 30 acres in total, a developer can create a cohesive community that integrates essential services (commercial) with high-quality housing.

Secure Your Position in a Growing Corridor

Opportunities of this scale on Raleigh Lagrange Road do not come to market often. Whether you are a residential builder looking for your next subdivision site or a commercial developer seeking a high-traffic retail pad, 4610 Raleigh Lagrange Road represents a premier investment in the Memphis landscape.

Contact our brokerage team today for detailed topography maps, zoning information, and to discuss parcel division options or a full-site acquisition.