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Commercial Land with Existing Building

5033 US HWY 70, Memphis, TN 38122

For Sale
New
$1,050,000

Commercial/Industrial, Memphis, TN

Property SizeContact for details
Days on Market1

Property Features for 5033 US HWY 70

General Information

Property type Commercial Sale
Property subtype Other
Subdivision ROBINSON SD RESUBDIVISION OF LOT 2
Standard status Active

Taxes and HOA fees

Tax Annual Amount 4694

Building Details

Year built 1979
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: William Haynes · License TN #355990
Added: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 10234360

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.

Rey
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Investment Insights

Based on property information with market context.

The offering combines three adjacent parcels with an existing building and a large parking area. The property encompasses 1.98 acres, with over 3,500 square feet of interior space, and is zoned EMP (Employment). An income-producing billboard is also included, overlooking Sam Cooper Boulevard.

The site fronts Summer Avenue and is visible from Sam Cooper Boulevard and I-40. It is located southwest of Summer Avenue and North White Station Road.

Key Highlights

  • Three adjacent parcels offered together
  • 1.98 acres
  • Over 3500 sf interior

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Building Supply

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

507
Businesses Nearby
96k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 50% Dining 26% Electronics 8% Apparel 7%
Bargain Hunt Shops & Services
18,570 visits/mo 0.2 miles
McDonald's Dining
16,734 visits/mo 0.1 miles
Dollar Tree Shops & Services
14,371 visits/mo 0.2 miles
Exxon Shops & Services
13,447 visits/mo 0.3 miles
City Thrift Apparel
6,999 visits/mo 0.3 miles

Demographics for 38122, TN

26,432
Population
10,201
Households
2.6
Avg Household Size
33
Median Age
22%
College-Educated
74%
High-School Grad
6.8 sq mi
ZIP Area
3,887
Density / Sq Mi
$45,456
Median Household Income
$32,760
Median Earnings
$1,127
Median Rent
$108,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Memphis

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - EMP zoning and an existing structure are part of this three-parcel offering.
Where is this commercial land located?
The property is located at 5033 US HWY 70 Memphis, TN.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Three adjacent parcels offered together; 1.98 acres; Over 3500 sf interior
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