Listing Agency: Morris Realty & Auction

Listed By: Skip Miller · License #TN 291138 Show Phone

Source: Crexi

Added: Jan 27, 2023 Changed: Aug 26 Last Checked: Sep 1 at 8:12AM

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Investment Insights

Based on property information with market context.

This sale includes a total of three parcels zoned CMU-2. The property consists of a 7.209 +/- acre future development parcel, as well as Lot 1 and Lot 2 of KATE BOND PD AMENDED AREA B PHASE 1 S/D. The total acreage of all three parcels is 8.3029 +/- acres. The sale does not include billboards in Lot 1 or Lot 2.

Key Highlights

• Zoned CMU‑2, allowing for a variety of commercial and mixed‑use development possibilities
• Total of 3 parcels included in the sale, offering flexibility and development options
• Substantial acreage: 8.3029 +/- acres total, providing ample space for development

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage

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

331

Businesses Nearby

Explore this area Business Placement

Demographics for 38133, TN

22,482

Population

8,336

Households

2.7

Avg Household Size

37

Median Age

33%

College-Educated

91%

High-School Grad

13.0 sq mi

ZIP Area

1,729

Density / Sq Mi

$82,485

Median Household Income

$46,522

Median Earnings

$1,449

Median Rent

$234,800

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land available for future development.

Where is this commercial land located?

The property is located at 2412 Kate Bond Rd Memphis, TN.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: Zoned CMU‑2, allowing for a variety of commercial and mixed‑use development possibilities; Total of 3 parcels included in the sale, offering flexibility and development options; Substantial acreage: 8.3029 +/- acres total, providing ample space for development