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    Holmes Rd Memphis, TN 38109

    Sponsored
    For Sale
    $249,000

    Prime 40-acre commercial tract in Memphis, TN.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 40-acre commercial land parcel presents a unique investment opportunity in the thriving Memphis, Tennessee market. Strategically located between Tulane Road and Horn Lake Road in Shelby County, this property offers unparalleled potential for a wide range of commercial developments. The expansive lot size provides ample space for large-scale projects, allowing for flexibility in design and functionality. With its convenient location and significant acreage, this property is ideally suited for businesses seeking a prominent presence in a rapidly growing area. The address is Holmes Rd, Memphis, TN 38109. The asking price for this remarkable opportunity is $249,000. Given the size and location, this represents a compelling value proposition for discerning investors and developers. The property's accessibility and proximity to major thoroughfares ensure excellent visibility and convenient access for employees and customers alike. This is a rare chance to acquire a substantial land holding in a prime Memphis location, poised for significant future appreciation. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The coordinates are 35.0061126 latitude and -90.0977641 longitude.

    Property Features for 0 Holmes Rd

    General Information

    Property type
    Land
    Lot Size
    1,742,400 SF

    HighLights

    • $249,000 asking price.
    • 40‑acre commercial land parcel.
    • Located in Memphis, Tennessee, Shelby County, zip code 38109.
    • Situated between Tulane Road and Horn Lake Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0977641
    Latitude
    35.0061126

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    FAQs

    What type of property is this?
    Land - Prime 40-acre commercial tract in Memphis, TN.
    Where is this land located?
    The property is located at Holmes Rd Memphis, TN.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: $249,000 asking price.; 40-acre commercial land parcel.; Located in Memphis, Tennessee, Shelby County, zip code 38109.
    Request Owner's contact information
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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
    Holmes Rd Memphis, TN 38109
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