Commercial Land
For Sale
$479,900
4104 AUSTIN PEAY Hwy, Memphis, TN 38128
Land, Memphis, TN
Property SizeContact for details
Lot Size3.55 Acres
Days on Market158
Property Features for 4104 AUSTIN PEAY Hwy
General Information
Property type
Land
Property subtype
Other
Zoning
CMU-2
Subdivision
AUSTIN PEAY HWY AND EGYPT CENTRAL RD
Standard status
Active
Lot size
3.55 Acres
Taxes and HOA fees
Tax Annual Amount
798
Listing Agency:
Crye-Leike, Inc., REALTORS
(901) 854-5050
Listed By:
Nataraja Krishnaraju · License #333358
(901) 626-7995
Added: Mar 21
Changed: Aug 19
Last Checked: Aug 25 at 7:06PM
MLS# 10217334
Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial land site is offered for development along a busy commercial corridor. The property is located on the east side of Austin Peay Hwy, approximately 489 ft south of Egypt Central Rd, and totals about 3.55 acres (combined with an adjacent parcel). The site is zoned CMU-2, supporting commercial mixed-use development.
The corridor is described as less than a mile from Methodist North Hospital and along a road with significant traffic volume. Public remarks note approximately 23,000 vehicles per day, which can support strong visibility for retail, service business, or mixed-use concepts.
Aust on-site expansion and redevelopment planning are aligned with the CMU-2 zoning and the available acreage. This is a straightforward opportunity to position a development site on Austin Peay Hwy.
The corridor is described as less than a mile from Methodist North Hospital and along a road with significant traffic volume. Public remarks note approximately 23,000 vehicles per day, which can support strong visibility for retail, service business, or mixed-use concepts.
Aust on-site expansion and redevelopment planning are aligned with the CMU-2 zoning and the available acreage. This is a straightforward opportunity to position a development site on Austin Peay Hwy.
Key Highlights
- About 3.55 acres (combined with adjacent parcel)
- Zoned CMU‑2 (Commercial Mixed‑Use 2)
- East side of Austin Peay Hwy, approx. 489 ft south of Egypt Central Rd
Property Analytics
Property Profile
Current Use
Lease Details
23,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
Explore this area
Business Placement
Demographics for 38128, TN
43,197
Population
18,388
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
85%
High-School Grad
23.6 sq mi
ZIP Area
1,830
Density / Sq Mi
$43,166
Median Household Income
$32,429
Median Earnings
$1,150
Median Rent
$123,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land site zoned CMU-2 on Austin Peay Hwy with approximately 3.55 acres for development.
Where is this commercial land located?
The property is located at 4104 AUSTIN PEAY Hwy Memphis, TN.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: About 3.55 acres (combined with adjacent parcel); Zoned CMU‑2 (Commercial Mixed‑Use 2); East side of Austin Peay Hwy, approx. 489 ft south of Egypt Central Rd
