www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30020663
30020664

Egypt Central Rd, Memphis, TN 38028

SP
TN TN 289316
EXP Realty LLC
Listed by EXP Realty LLC
$750,000
95 days on market
Updated 95 days ago

EGYPT CENTRAL RD

Details
Property Type Land
Sub Type Residential
Acreage 18.600
Zoning Residential

Land | 18.6 acres

Marketing description

Exceptional development opportunity in North Memphis! This ±18-acre tract represents Phases 2 and 3 of the Ridgemont Trail Subdivision, offering approximately 75 planned residential lots (33 in Phase 2 and 42 in Phase 3). Positioned along Egypt Central Road in the rapidly evolving Raleigh/Egypt area (38128 ZIP), the property provides the rare chance to complete an established subdivision footprint in a market with sustained demand for affordable new construction.

The site benefits from strong regional connectivity, with convenient access to major corridors including Austin Peay Highway, Covington Pike, and Interstate 40, enabling quick commutes across the Memphis metro area. The surrounding Raleigh community sits between the City of Memphis and the growing suburb of Bartlett, placing future homeowners within reach of shopping, healthcare, schools, and employment hubs.

Economic drivers in this corridor are substantial. Memphis serves as one of the nation’s premier logistics and distribution centers, hosting major operations for companies such as Nike, Amazon, Hewlett-Packard, and others.

🏭 Major Nearby Employers

Nike North America Logistics Campus
One of the largest distribution facilities in the country, spanning millions of square feet north of Memphis, anchors employment in the area and supports thousands of logistics jobs.

Amazon Fulfillment Center (MEM4)
Located on New Allen Road in the same 38128 ZIP code, this large distribution facility reinforces the region’s status as a logistics powerhouse.

Additional regional employers include healthcare systems, manufacturing operations, and retail centers throughout Raleigh and Bartlett, making the area attractive for workforce housing.

📈 Investment & Development Potential

Memphis’ economy is heavily driven by transportation, warehousing, and distribution, with large industrial employers fueling steady housing demand for workers across skill levels.

Ridgemont Trail Phases 2 & 3 offer:

  • Approved subdivision concept with multiple residential lots

  • Large contiguous acreage for efficient build-out

  • Location in a workforce-housing corridor

  • Strong rental and entry-level buyer demand

  • Opportunity for builders, investors, or phased development

Comparable listings indicate the property as a prime residential development tract in a fast-growing area.

Listing Contacts

SP
TN TN 289316
EXP Realty LLC
Listed by EXP Realty LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Silvana Piadade
License
TN 289316
Brokerage
exp Realty LLC
Brokerage Phone
888-519-5113
Title
Realtor
Brokerage Address
3401 Mallory Lane
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591