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    1530 Whitten Rd Memphis, TN 38134

    Sponsored
    For Sale
    $900,000

    1.1 Acres, High Visibility, $900,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.106-acre commercial land parcel presents a remarkable investment opportunity in Memphis, Tennessee. Located at 1530 Whitten Rd, this property boasts a highly desirable corner lot position at the intersection of Whitten Road and Macon Road, ensuring exceptional visibility and high traffic exposure. The property is zoned for commercial use, providing flexibility for a wide range of development possibilities. Comprising two parcels (Parcel #D0207 00096: 0.31 acres and Parcel #D0207 00097: 0.796 acres), the combined acreage offers ample space for various commercial ventures. The property's strategic location in Shelby County, with a Memphis zip code of 38134, offers easy access to major transportation routes and a thriving local economy. This is an ideal site for businesses seeking high visibility and convenient access for customers. The asking price for this prime commercial land is $900,000. Don't miss this chance to acquire a valuable asset in a rapidly growing area. The property's APN is D0207 00097.

    Property Features for 1530 Whitten Rd

    General Information

    Property type
    Land
    Lot Size
    48,177 SF

    HighLights

    • $900,000 asking price.
    • 1.106‑acre commercial land parcel.
    • Located at 1530 Whitten Rd, Memphis, TN 38134.
    • Comprises two parcels (APN D0207 00096 & D0207 00097).
    • High traffic corner lot with excellent visibility.
    • For sale by owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.836882644728
    Latitude
    35.166777183

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    FAQs

    What type of property is this?
    Land - 1.1 Acres, High Visibility, $900,000
    Where is this land located?
    The property is located at 1530 Whitten Rd Memphis, TN.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: $900,000 asking price.; 1.106-acre commercial land parcel.; Located at 1530 Whitten Rd, Memphis, TN 38134.
    (901) 758-5670
    Request Owner's contact information
    1530 Whitten Rd Memphis, TN 38134
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    Memphis, TN 38134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1530 Whitten Rd Memphis, TN 38134
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