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Prime Commercial Parcel Near IKEA
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2281 North Germantown Parkway, Memphis, TN 38016

0.6 acre parcel in a busy shopping center.

Property SizeContact for details
Lot Size0.60 Acres
Days on Market169

Property Features for 2281 North Germantown Parkway

General Information

Standard status Active
Lot size 0.60 Acres
Property subtype Land
Lease Term Ground

Properties For Sale

at 2281 North Germantown Parkway Contact us

Outparcel 1

Term
Negotiable
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Listing Agency: Jones Aur Commercial Real Estate | Memphis
Listed By: Dustin Jones · License #TN #332179
Source: Jonesaur
Added: Mar 5 Changed: Aug 8 Last Checked: Aug 8 at 6:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jones Aur Commercial Real Estate | Memphis

Investment Insights

Based on property information with market context.

A 0.6-acre parcel is available within Countrywood Crossing, a 233,981 square foot shopping center featuring top national retailers. The property is adjacent to the only IKEA in Tennessee, which attracts approximately 487,000 visitors annually. The nearest IKEA is located 306 miles to the north. The surrounding area includes 707 hotel rooms from brands such as Hyatt Place Memphis, Hilton Garden Inn, Country Inn and Suites by Radisson, Extended Stay America, Comfort Suites, TownePlace Suites, and Microtel Inn and Suites by Wyndham. Traffic counts are 40,232 AADT on North Germantown Parkway and 106,680 AADT on I-40.

Key Highlights

  • Adjacent to the only IKEA in Tennessee, attracting 487,000 annual visitors.
  • Located within Countrywood Crossing, a 233,981 SF shopping center with top national retailers.
  • High traffic counts: N Germantown Pkwy (40,232 AADT) & I‑40 (106,680 AADT).

Property Analytics

Current Use

Commercial land

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby

Demographics for 38016, TN

48,322
Population
20,218
Households
2.4
Avg Household Size
37
Median Age
41%
College-Educated
96%
High-School Grad
18.1 sq mi
ZIP Area
2,670
Density / Sq Mi
$75,719
Median Household Income
$44,713
Median Earnings
$1,407
Median Rent
$261,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 0.6 acre parcel in a busy shopping center.
Where is this commercial land located?
The property is located at 2281 North Germantown Parkway Memphis, TN.
What are key features of this property?
This property features: Adjacent to the only IKEA in Tennessee, attracting **487,000 annual visitors**.; Located within Countrywood Crossing, a **233,981 SF shopping center** with top national retailers.; High traffic counts: N Germantown Pkwy (40,232 AADT) & I‑40 (106,680 AADT).
More about this property
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