Listing Agency: Myers Commercial Real Estate

Listed By: Melanie Myers Bland · License #TN 288335

Source: Crexi

Added: Mar 19 Changed: Aug 17 Last Checked: Aug 20 at 12:35PM

Report an Issue

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 Myers Commercial Real Estate

Investment Insights

Based on property information with market context.

This 0.85-acre commercial land parcel presents a redevelopment opportunity with approximately 180 feet of frontage on I-40, which experiences a traffic volume of 85,000 vehicles per day. The property offers convenient access to I-40, Highway 64 (Stage Rd.), and Germantown Parkway.

Key Highlights

• Redevelopment opportunity awaits.
• Approximately 180' of frontage on I‑40.
• High traffic volume: 85,000 VPD.

Property Analytics

Property Profile

Current Use

𝐂𝐎𝐂𝐈𝐍𝐀 𝐌𝐄𝐗𝐈𝐂𝐀𝐍𝐀 𝐁𝐀𝐑 ... Restaurant Memphis Hot Biscuits Restaurant

Suggested Use

Top Pick Law Firm HVAC Service Kitchen & Bath Showroom Dental Office Spa & Massage Center Electrical Service

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

535

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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?

Ask Rey about this property ...

Similar For Sale Nearby

Dollar Tree NNN Retail Property

1246 Lamar Ave, Memphis, TN 38104

$1,193,000

8,320 SF

View details

Historic Mixed-Use Property

126 Monroe Ave, Memphis, TN 38103

$875,000

10,187 SF

View details

Freestanding Retail Redevelopment Building

2029 Union Avenue, Memphis, TN 38104

$525,000

7,094 SF

View details

Four-Tenant NNN Retail Center

2094 Frayser Blvd, Memphis, TN 38127

$524,285

2,950 SF

View details

Restaurant Building in Wolfchase Area

7990 Horizon Center Blvd, Memphis, TN 38133

$1,200,000

7,774 SF

View details

Retail Flex Building

6949 Stage Rd, Memphis, TN 38133

$900,000

5,600 SF

View details

Absolute NNN Wendy’s Restaurant

6781 E Shelby Dr, Memphis, TN 38141

$2,172,276

2,646 SF

View details

Two-Story Freestanding Flex Facility

299 North Cleveland Street, Memphis, TN 38104

$3,200,000

41,945 SF

View details

Office Condo Units C8 and C9

109 N Main St, Memphis, TN 38103

$250,000

7,774 SF

View details

Industrial Distribution Building

3817 Air Park St, Memphis, TN 38118

$800,000

16,625 SF

View details

Apartment Building with Five Duplexes

244 RICHMOND Ave, Memphis, TN 38106

$325,000

6,552 SF

View details

Renovated Townhome Apartment Community

1961-1970 REMBERT Pl, Memphis, TN 38104

$1,650,000

1,116 SF

View details

Frequently Asked Questions

What type of property is this?

Commercial land - 0.85-acre commercial land with I-40 frontage near Wolfchase Galleria.

Where is this commercial land located?

The property is located at 2798 New Brunswick Rd Memphis, TN.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: Redevelopment opportunity awaits.; Approximately 180' of frontage on I‑40.; High traffic volume: 85,000 VPD.