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    Mlk Dr West Memphis, AR 72301

    For Sale
    Contact for pricing

    Prime I-40/I-55 Interchange Location. Ideal Trucking Hub.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2-acre vacant commercial/industrial land parcel presents a unique investment opportunity in West Memphis, Arkansas. Strategically located on MLK Drive, it enjoys unparalleled access to the vital intersection of Interstates 40 and 55, offering seamless connectivity for regional and national transportation networks. Its classification as a Trucking and Travel Hub makes it perfectly suited for logistics businesses, distribution centers, or related ventures requiring high visibility and convenient access to major highways. The property's proximity to Southland Gaming (1.3 miles west on Southland Drive) and the vibrant downtown Memphis entertainment district (less than 5 miles away) further enhances its appeal and potential for synergistic development. The site is situated on the north side of I-40, approximately 0.5 miles south on MLK Drive from the I-55 interchange. This location offers significant advantages for businesses seeking to capitalize on the high traffic volume and strategic positioning within this thriving commercial corridor. The property is classified as Building Class B. The asking price is available upon request. This is a rare opportunity to acquire a substantial land holding in a high-demand location with excellent potential for future growth and profitability. Contact us today to learn more.

    Property Features for 0 Mlk Dr

    General Information

    Property type
    Automotive properties
    Lot Size
    87,120 SF

    HighLights

    • Approximately 2 acres of vacant land for sale.
    • MLK Drive location, north of I‑40.
    • 0.5 miles south of I‑55 interchange on MLK Drive.
    • Ideal for trucking and travel hub uses.
    • 1.3 miles from Southland Gaming.
    • Less than 5 miles from Bass Pro Shops and downtown Memphis.
    Property Profile Location Intelligence

    Current Use by Public Records

    Truck stops

    Map

    City
    West Memphis
    County
    Crittenden
    State
    Arkansas
    Longitude
    -90.1356246
    Latitude
    35.1571021

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    FAQs

    What type of property is this?
    Automotive property - Prime I-40/I-55 Interchange Location. Ideal Trucking Hub.
    Where is this automotive property located?
    The property is located at Mlk Dr West Memphis, AR.
    What are key features of this property?
    This property features: Approximately 2 acres of vacant land for sale.; MLK Drive location, north of I-40.; 0.5 miles south of I-55 interchange on MLK Drive.
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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
    Mlk Dr West Memphis, AR 72301
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