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Land with Major Road Frontage
For Sale
$1,200,000

8727 THOR Rd lot 1, Memphis, TN 38018

Land, Memphis, TN

Property SizeContact for details
Lot Size10.77 Acres
Days on Market280

Property Features for 8727 THOR Rd lot 1

General Information

Property type Land
Property subtype Other
Zoning Cl
Subdivision SS Thor Rd Sanga SW
Standard status Active
Lot size 10.77 Acres

Taxes and HOA fees

Tax Annual Amount 3484
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: Nataraja Krishnaraju · License #333358
Added: Nov 23, 2025 Changed: Aug 20 Last Checked: Aug 30 at 11:06AM
MLS# 10210317

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 10.77-acre parcel is offered for sale as a multifamily development and residential opportunity. The property has 1,088 feet of frontage and several access points, and the site includes an option for division into several lots.

Zoned Cl, the land is located near an elementary and a historically notable area in Cordova, within Shelby County.

With its frontage and multiple entry points, the site can support flexible lot planning, subject to applicable approvals.

Key Highlights

  • 10.77 acres of land, perfect for your next project
  • Multifamily development and residential opportunity
  • 1088 ft frontage on Sanga Rd**

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Auto Repair Shop Building Supply Real Estate Agency Big Box & Wholesale Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

254
Businesses Nearby

Demographics for 38018, TN

37,086
Population
15,110
Households
2.5
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
18.7 sq mi
ZIP Area
1,983
Density / Sq Mi
$89,627
Median Household Income
$47,813
Median Earnings
$1,594
Median Rent
$255,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 10.77 acres zoned Cl with 1,088 feet of road frontage and multiple access points, with potential to divide into lots.
Where is this residential land & home lot located?
The property is located at 8727 THOR Rd lot 1 Memphis, TN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 10.77 acres of land, perfect for your next project; Multifamily development and residential opportunity; 1088 ft frontage on Sanga Rd**
More about this property
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