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Commercial Development Parcel
For Sale
$850,000

8533 East Shelby Drive, Memphis, TN 38125

3-acre parcel on a busy roadway with visibility across from churches and Southwest Community College.

Property SizeContact for details
Lot Size3.00 Acres
Days on Market915

Property Features for 8533 East Shelby Drive

General Information

Standard status Active
Lot size 3.00 Acres
Property subtype Land / Land
Zoning ca

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $626
Listing Agency: Myers Cobb Realtors, LLC
Listed By: William Carter · License #364236
Source: Compass
Added: Feb 20, 2024 Changed: Aug 8 Last Checked: Mar 25 at 1:46PM

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 Myers Cobb Realtors, LLC

Investment Insights

Based on property information with market context.

This 3-acre commercial land parcel is positioned on a busy roadway, offering visibility and accessibility for prospective development. The site is surrounded by established community uses, including a residential subdivision bordering the property to the left.

The parcel sits across from churches and Southwest Community College, supporting day-to-day exposure from the surrounding area. A scenic lake lies just to the south, providing an additional natural nearby feature.

The property is listed for sale and offers flexibility for either commercial or residential development based on the buyer’s plans and approvals. For additional details on uses and constraints, interested parties should confirm zoning and permitting requirements with the appropriate local authorities.

Key Highlights

  • 3‑acre parcel on a busy roadway with visibility
  • Located across from churches and Southwest Community College
  • Residential subdivision borders the property to the left

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Restaurant Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

107
Businesses Nearby

Demographics for 38125, TN

40,970
Population
16,435
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
95%
High-School Grad
19.0 sq mi
ZIP Area
2,156
Density / Sq Mi
$83,184
Median Household Income
$45,793
Median Earnings
$1,440
Median Rent
$230,400
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?
Commercial land - 3-acre parcel on a busy roadway with visibility across from churches and Southwest Community College.
Where is this commercial land located?
The property is located at 8533 East Shelby Drive Memphis, TN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 3‑acre parcel on a busy roadway with visibility; Located across from churches and Southwest Community College; Residential subdivision borders the property to the left
More about this property
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