For Sale
Property summary
This exceptional 0.88-acre commercial lot, situated at 6040 Winchester Road in Memphis, Tennessee, presents a compelling investment opportunity. Located in Shelby County, zip code 38115, this property boasts a highly desirable location on one of Memphis' busiest thoroughfares, ensuring exceptional visibility and high traffic volume. Thousands of vehicles pass by daily, providing unparalleled exposure for any commercial venture. The property is zoned COMM, allowing for a diverse range of uses, including office space, single-tenant buildings, or mixed-use developments. The zoning flexibility makes this lot ideal for a variety of businesses, from retail establishments to car washes and more. This prime piece of land is priced below its tax appraisal, offering a significant advantage for a quick sale. The coordinates are 35.0504729 latitude and -89.861633 longitude. Don't miss this chance to acquire a highly visible and versatile commercial lot in a thriving Memphis location. The asking price is $68,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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