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Commercial Development Land with Highway Frontage
For Sale
Contact for pricing
Pending

12707 Highway 64, Memphis, TN 38002

89-acre tract with Highway 64 frontage and zoned support for commercial or mixed-use development across Shelby and Fayette Counties.

Lot Size89.00 Acres
Days on Market112

Property Features for 12707 Highway 64

General Information

Standard status Pending
Lot size 89.00 Acres
Property subtype Land
Zoning commercial or mixed-use

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Crye-Leike Commercial Memphis
Listed By: Eric Fuhrman · License #TN 291774
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 30 at 2:57PM

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 Crye-Leike Commercial Memphis

Investment Insights

Based on property information with market context.

This offering presents a development tract on 89 rolling acres with a footprint in both Shelby and Fayette Counties. The property includes Highway 64 road frontage and is described as a clean, wide-open site suited to a range of commercial and mixed-use concepts. The tract is zoned for significant commercial or mixed-use development, giving developers flexibility to plan for compatible uses.

Access is noted via an exit ramp located about 1/4 mile from I-385. The property is positioned just inside Fayette County and is described as a quick trip from the corporate sectors of Germantown, Tennessee, with an approximately 30-minute drive to downtown Memphis.

The surrounding area is characterized as being positioned for expansion within rapidly growing Fayette County, with the site’s rolling hills and views presented as part of the appeal for hospitality, mixed-use, multi-family, expansive retail, education, or medical development.

Key Highlights

  • 89‑acre tract with Hwy 64 frontage for commercial or mixed‑use development.
  • Zoned for significant commercial or mixed‑use development across Shelby and Fayette Counties.
  • Footprint includes land in both Shelby and Fayette Counties.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Garden Center Tech Support Center Computer & Electronic Repair Department 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 38002, TN

44,385
Population
15,448
Households
2.9
Avg Household Size
38
Median Age
47%
College-Educated
97%
High-School Grad
116.3 sq mi
ZIP Area
382
Density / Sq Mi
$115,478
Median Household Income
$56,917
Median Earnings
$1,695
Median Rent
$363,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 89-acre tract with Highway 64 frontage and zoned support for commercial or mixed-use development across Shelby and Fayette Counties.
Where is this commercial land located?
The property is located at 12707 Highway 64 Memphis, TN.
What are key features of this property?
This property features: 89‑acre tract with Hwy 64 frontage for commercial or mixed‑use development.; Zoned for significant commercial or mixed‑use development across Shelby and Fayette Counties.; Footprint includes land in both Shelby and Fayette Counties.
More about this property
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