5259 Stage Rd

128,502 / 2.95
Lot Size / Acres

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...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.

Property Details for 5259 Stage Road

Area
735B
MAAR Subdivision Name
unsubdivided
Legal Subdivision Name
unsubdivided
Location
City
LISTING UPDATED: 05/28/2026 10:54 AM

Property Details for 5259 Stage Road

StatusClosed
MLS #10222341
Days on Market1
Taxes$637 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Land
Year Built-
Lot Size2.95 AC
CountyShelby County

Location

Listing Courtesy of eXp Realty, LLC

Sold By Grand Point Realty, LLC

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Building Information for 5259 Stage Road

Lot Size2.95 AC

Payment Calculator

$651 per month

30 year fixed, 6.36% Interest

Principal and Interest

$598

Property Taxes

$53

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5259 Stage Road

Summary
Location and General Information
  • Address: 5259 STAGE RD
  • Address Search Number: 5259
  • Directions: Turn right onto Yale Rd ? 1.2 mi Turn left onto Lynchburg St ? 1.0 mi Turn left onto Stage Rd ? Destination will be on the right
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 05-25-2026
  • Geo Zoom Level: 18.00
  • Map Coordinate: B
  • MLS Map Num: Covington Pike - South
Taxes and HOA Information
  • LVT Date: 05-24-2026
Property
Lot Information
  • Lot Size: 2.957 acres
  • Acreage: 2.95
  • Improvements: None
  • Lots Available: 1 Only
  • Parcel ID: 088012 00081
  • Present Usage: None/Vacant
  • Road Frontage: Paved
  • Shape: Irregular
  • Topographic Feature: Wooded
  • Zoning: Res10
  • Zoning Of Adjacent Area: Single Family, Commercial
Property and Assessments
  • Legal: Unrecorded Subdivision
  • Service Type: Full Service Listing
Utilities
  • Utilities: Other (See REMARKS)

Property History for 5259 Stage Road

DateEvent & SourcePriceAppreciation
May 26, 2026

Sold

REALTRACS #3223676

$120,000—
May 26, 2026

Sold

MAARMLS #10222341

$120,000—
May 26, 2026

Contract Signed

REALTRACS #3223676

—
DateEvent & SourcePrice
05/26/2026

Sold

REALTRACS #3223676

$120,000
05/26/2026

Sold

MAARMLS #10222341

$120,000
05/26/2026

Contract Signed

REALTRACS #3223676

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5259 Stage Road

Taxable ValueLand$10,525Additions-Total$10,525
Tax Record2024$693 ($58 / month)
Home Facts
Beds0Total Finished SqFt1,512 SqFtAbove Grade Finished SqFt1,512 SqFtStories1Lot Size128,807 SqFtStyleMiscellaneous Vacant LandYear Built1952ZoningR-10CountySHELBYAPN088-012- - -00081Fireplace TypeHas Fireplace

Schools near 5259 Stage Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Raleigh- Bartlett Meadows School
PublicPK to 5

Craigmont Middle School
Public6 to 8

Craigmont High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.