Commercial Development Land with Demolition
For Sale
Contact for pricing
6081 Shelby Oaks Dr, Memphis, TN 38134
2.47-acre parcel near I-40 and nearby hotels, with an existing structure slated for demolition.
Property SizeContact for details
Lot Size2.47 Acres
Days on Market94
Property Features for 6081 Shelby Oaks Dr
General Information
Standard status
Active
Lot size
2.47 Acres
Property subtype
Land, Outparcel, or Pad
Site & Location
Traffic Count
159,459 vehicles/day
Highway Access
Yes
Listing Agency:
TSCG The Shopping Center Group Memphis
Listed By:
Hurston Reed · License #349528
(901) 334-5708
Source:
Theshoppingcentergroup
Added: Jun 2
Changed: Aug 14
Last Checked: Sep 2 at 4:10PM
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 TSCG The Shopping Center Group Memphis
Investment Insights
Based on property information with market context.
This 2.47-acre commercial land parcel is offered for sale just off the Sycamore View Exit 12 of Interstate 40. An existing building is on-site and is to be demolished, clearing the way for a new development aligned with the property’s highway-access position.
The location places the site in close proximity to Southwest Tennessee Community College Macon Cove Campus and among established retail and lodging activity. The surrounding mix includes Red Roof Inn and OYO directly adjacent, with additional nearby retailers and restaurants listed in the market area. Traffic counts indicate strong regional demand, with I-40 showing an AADT of 159,459 and Sycamore View at 30,226.
For buyers or developers, the site is well suited to projects that benefit from visibility and drive-by exposure tied to I-40 and the nearby visitor and student customer base. The cleared development opportunity also supports flexible concept planning for a new commercial use, whether aimed at retail, dining, or service-oriented demand serving the immediate hotels and surrounding retail corridors.
The location places the site in close proximity to Southwest Tennessee Community College Macon Cove Campus and among established retail and lodging activity. The surrounding mix includes Red Roof Inn and OYO directly adjacent, with additional nearby retailers and restaurants listed in the market area. Traffic counts indicate strong regional demand, with I-40 showing an AADT of 159,459 and Sycamore View at 30,226.
For buyers or developers, the site is well suited to projects that benefit from visibility and drive-by exposure tied to I-40 and the nearby visitor and student customer base. The cleared development opportunity also supports flexible concept planning for a new commercial use, whether aimed at retail, dining, or service-oriented demand serving the immediate hotels and surrounding retail corridors.
Key Highlights
- 2.47‑acre parcel for sale just off Sycamore View Exit 12 of I‑40
- Existing building on‑site is to be demolished
- Parcel is adjacent to Red Roof Inn and OYO Hotel
Property Analytics
Property Profile
Current Use
Lease Details
159,459 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
670
Businesses Nearby
Explore this area
Business Placement
Demographics for 38134, TN
41,760
Population
15,685
Households
2.7
Avg Household Size
35
Median Age
21%
College-Educated
86%
High-School Grad
18.6 sq mi
ZIP Area
2,245
Density / Sq Mi
$61,172
Median Household Income
$39,185
Median Earnings
$1,147
Median Rent
$184,400
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 - 2.47-acre parcel near I-40 and nearby hotels, with an existing structure slated for demolition.
Where is this commercial land located?
The property is located at 6081 Shelby Oaks Dr Memphis, TN.
What are key features of this property?
This property features: 2.47‑acre parcel for sale just off Sycamore View Exit 12 of I‑40; Existing building on‑site is to be demolished; Parcel is adjacent to Red Roof Inn and OYO Hotel
