Commercial Development Land with Highway
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.
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
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
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
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.