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Egypt C Memphis, TN 38128

For Sale
$600,000

Prime 30.4-acre residential development site.

Property size:
1,324,660 SF

Description

Added:
Dec 11, 2024
Days on Market:
362
This exceptional 30.4-acre commercial land parcel presents a remarkable opportunity for residential development in a high-traffic area of Memphis, Tennessee. Located at the bustling intersection of Austin Peay Highway and Singleton Parkway, this vacant land boasts unparalleled visibility and accessibility. The property sits directly across Austin Peay Highway from Methodist North Hospital and Encompass Health Rehab Hospital, ensuring a strong patient and employee base nearby. Furthermore, the site enjoys close proximity to a variety of retail establishments including a Walmart Supercenter, Kroger, Walgreens, a DaVita Dialysis Clinic, Firestone Automotive Center, a new Chick-fil-A, Wendy's, and several banks. This strategic location offers significant advantages for attracting residents. The property is zoned RU-3, allowing for diverse residential options such as multi-family dwellings, duplexes, and cottage homes. Convenient access to city water, sewer, and electricity is available along both major roadways bordering the property. While a new Ford plant is located approximately 33 miles away, this property's immediate location within a thriving Memphis community offers significant advantages for residential development. The asking price for this expansive tract is $600,000, and the lot size ranges from 10,000 to 50,000 square feet, with a total square footage of 1,324,660. This presents a unique opportunity to capitalize on the strong demand for residential properties in this rapidly growing area of Memphis. The property's address is 0 Singleton Parkway, Memphis, TN 38128.

Property Features for 0 Egypt C

General Information

Property type
Land
Square Feet
1,324,660 SF

HighLights

  • 30.4‑acre commercial land parcel in high‑traffic Memphis location.
  • Exceptional visibility and accessibility at Austin Peay Hwy & Singleton Parkway.
  • Adjacent to Methodist North & Encompass Health Hospitals, plus numerous retail amenities.
  • RU‑3 zoning allows for multi‑family, duplex, and cottage home development.
  • City utilities readily available.
  • $600,000 asking price; lot sizes range from 10,000 to 50,000 sq ft (total 1,324,660 sq ft).
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Memphis
County
47157
State
Tennessee
Longitude
-89.8928448
Latitude
35.2552994

FAQs

What type of property is this?
Land - Prime 30.4-acre residential development site.
Where is this land located?
The property is located at Egypt C Memphis, TN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 30.4-acre commercial land parcel in high-traffic Memphis location.; Exceptional visibility and accessibility at Austin Peay Hwy & Singleton Parkway.; Adjacent to Methodist North & Encompass Health Hospitals, plus numerous retail amenities.
More about this property
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