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Prime Memphis Development Opportunity
For Sale
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Pending

5475 Elvis Presley Blvd, Memphis, TN 38116

Nearly 100-acre parcel ideal for retail, multifamily, mixed-use, industrial.

Property SizeContact for details
Days on Market751

Property Features for 5475 Elvis Presley Blvd

General Information

Standard status Pending
Property subtype Land
Listing Agency: Universal Commercial Real Estate LLC
Listed By: Darrell Cobbins · License #278933
Source: Crexi
Added: Aug 15, 2024 Changed: Aug 24 Last Checked: Sep 2 at 9:40AM

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 Universal Commercial Real Estate LLC

Investment Insights

Based on property information with market context.

Located in the Memphis area, this property offers a strategic location for prospective land and retail-pad investors. The property is primed for development, presenting an attractive canvas for retail endeavors. With its advantageous positioning and expansive potential, this property provides an enticing prospect for investors seeking a lucrative opportunity in the thriving Memphis market. This nearly 100-acre parcel is situated in the Whitehaven submarket and offers an exceptional opportunity for a diverse range of development possibilities. Located just minutes from DeSoto County, Memphis International Airport, and Interstate I-55, the property boasts an ideal location for retail, multifamily, mixed-use, and industrial ventures. Its strategic position provides convenient access to major transportation routes and key amenities, making it an attractive prospect for investors seeking a versatile and well-connected space. The property has high visibility along U.S. Highway 51 (Elvis Presley Blvd.). Sellers are willing to subdivide to accommodate multiple uses.

Key Highlights

  • Prime location in the Memphis area with high visibility along U.S. Highway 51 (Elvis Presley Blvd.)
  • Nearly 100‑acre parcel suitable for retail, multi‑family, mixed‑use, or industrial development
  • Minutes from Memphis International Airport, DeSoto County, and Interstate I‑55

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Restaurant Building Supply Pharmacy Storage Facility HVAC 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

399
Businesses Nearby

Demographics for 38116, TN

39,107
Population
18,526
Households
2.1
Avg Household Size
35
Median Age
21%
College-Educated
88%
High-School Grad
19.6 sq mi
ZIP Area
1,995
Density / Sq Mi
$44,663
Median Household Income
$31,593
Median Earnings
$1,035
Median Rent
$125,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Nearly 100-acre parcel ideal for retail, multifamily, mixed-use, industrial.
Where is this commercial land located?
The property is located at 5475 Elvis Presley Blvd Memphis, TN.
What are key features of this property?
This property features: Prime location in the Memphis area with high visibility along U.S. Highway 51 (Elvis Presley Blvd.); Nearly 100‑acre parcel suitable for retail, multi‑family, mixed‑use, or industrial development; Minutes from Memphis International Airport, DeSoto County, and Interstate I‑55
(901) 249-9744 Call to check price and availability
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