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    4921 S Us 61 Memphis, TN 38109

    For Sale
    $225,000

    Land - Memphis, TN

    Lot size:
    7.24 Acres
    Days on Market:
    90
    Last Refresh:
    Dec 8 at 12:06 am

    Property Features for 4921 S Us 61

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CMU-3
    Lot size
    7.24 Acres

    Building Details

    Architectural style
    Other

    KELLER WILLIAMS® (901) 261-7900 [email protected]

    Listing agent Katrina Smith (901) 261-7900

    Listing date Sep 10, 2025

    MLS# 10205397 Listing URL

    Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land on Highway

    This 7.24-acre commercial property is located on a busy, high-traffic street. The land is zoned CMU-3, offering options for a variety of business ventures. The seller will consider subdividing the property with an acceptable offer. The property is located in Memphis, TN, with connectivity to major transportation routes.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.1269
    Latitude
    35.0343

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    FAQs

    What type of property is this?
    Land - 7.24-acre commercial property on high-traffic street with CMU-3 zoning.
    Where is this land located?
    The property is located at 4921 S Us 61 Memphis, TN.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Prime 7.24-acre commercial property.; - Located on a busy, high-traffic street for maximum visibility.; - Excellent connectivity to major transportation routes.
    (901) 261-7900
    Request Owner's contact information
    4921 S Us 61 Memphis, TN 38109
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    Memphis, TN 38109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4921 S Us 61 Memphis, TN 38109
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