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    Cypress Rdg Dr Arlington, TN 38028

    Sponsored
    For Sale
    Contact for pricing

    Prime TN Commercial/Industrial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity encompasses a strategically located land parcel in Arlington, Tennessee, specifically within the Eastridge Business Park. The property offers a combined total of approximately 22.11 acres, divisible into distinct commercial and industrial zones. A significant portion, approximately 10.4 acres, is zoned B-2 commercial, providing excellent highway visibility and access via frontage on Highway 64 at the park's entrance. An additional 11.71 acres are designated M-1 industrial, already cleared and prepared for immediate development. Note that 15 acres are currently under contract/subdivision. The entire site presents a rare chance to acquire a large, versatile tract suitable for a variety of commercial and industrial uses. All utilities are available except sewer. The property's location in Shelby County, near Memphis, TN, offers easy access to major transportation routes and a robust workforce. The parcel is bank-owned and offered as a foreclosure, presenting a potentially attractive price point for investors. The APN numbers are A016100094/A016100091. This property is ideal for developers seeking a substantial land holding in a rapidly growing area. The flexible zoning allows for diverse development options, making it a compelling investment prospect. Serious inquiries are encouraged.

    Property Features for 0 Cypress Rdg Dr

    General Information

    Property type
    Land
    Lot Size
    453,024 SF

    HighLights

    • 10.4‑11.71 acres of land in Memphis, TN, near Cypress Ridge Dr.
    • B‑2 Commercial and M‑1 Industrial zoning available.
    • Bank‑owned foreclosure property.
    • APN: A016100094/A016100091.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Arlington
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.6417851
    Latitude
    35.211947

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    FAQs

    What type of property is this?
    Land - Prime TN Commercial/Industrial Land
    Where is this land located?
    The property is located at Cypress Rdg Dr Arlington, TN.
    What are key features of this property?
    This property features: 10.4-11.71 acres of land in Memphis, TN, near Cypress Ridge Dr.; B-2 Commercial and M-1 Industrial zoning available.; Bank-owned foreclosure property.
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    Cypress Rdg Dr Arlington, TN 38028
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    Arlington, TN 38028
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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
    Cypress Rdg Dr Arlington, TN 38028
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