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Memphis Area Development Opportunity
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5475 U.S Highway 51, Memphis, TN 38116

Prime land parcel near Memphis International Airport with development potential.

Property SizeContact for details
Lot Size99.00 Acres
Days on Market172

Property Features for 5475 U.S Highway 51

General Information

Standard status Active
Lot size 99.00 Acres
Property subtype Land
Listing Agency: Universal Commercial Real Estate LLC
Listed By: Darrell Cobbins · License #278933
Source: Tcnworldwide
Added: Mar 6 Changed: Aug 25 Last Checked: Aug 14 at 6:02AM

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 nearly 100-acre parcel presents an investment opportunity for land and retail-pad investors. Situated in the Whitehaven submarket, the property is located minutes from DeSoto County, Memphis International Airport, and Interstate I-55. The location offers convenient access to major transportation routes and key amenities. The property has high visibility along U.S. Highway 51 (Elvis Presley Blvd.). The property is suited for retail, multi-family, mixed-use, or industrial development. Sellers are willing to subdivide to accommodate multiple uses.

Key Highlights

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

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply HVAC Service Auto Repair Shop Garden Center Electrical Service Real Estate Agency

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

40
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Prime land parcel near Memphis International Airport with development potential.
Where is this land located?
The property is located at 5475 U.S Highway 51 Memphis, TN.
What are key features of this property?
This property features: Nearly 100‑acre parcel suitable for retail, multi‑family, mixed‑use, or industrial development.; Prime location in the Memphis area with high visibility along U.S. Highway 51 (Elvis Presley Blvd.).; Minutes from Memphis International Airport and Interstate I‑55.
More about this property
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