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    Winchester Rd Memphis, TN 38139

    For Sale
    $1,100,000

    7.46 acres, prime Memphis location. Development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 7.46-acre commercial development site is ideally situated at 0 Winchester Road in Memphis, Tennessee, within Shelby County, zip code 38139. The property boasts a highly desirable T-3 zoning designation, opening up a wide range of development possibilities. Its prime location near the intersection of Winchester and Houston Levee Road offers unparalleled accessibility and visibility. The land is strategically positioned adjacent to the proposed Forrest Hill Heights development, promising significant future growth and value appreciation in the area. This location provides convenient proximity to key landmarks and businesses, including TPC Southwind, FedEx Headquarters, and Sedgwick Headquarters. Furthermore, easy access to Highway 385 ensures seamless connectivity throughout the region. The asking price for this exceptional opportunity is $1,100,000. This presents a unique chance to acquire a substantial parcel of land in a rapidly developing area of Memphis, offering significant potential for long-term investment and development returns. Don't miss this chance to secure a prime piece of Memphis real estate.

    Property Features for 0 Winchester Rd

    General Information

    Property type
    Land
    Lot Size
    324,958 SF

    HighLights

    • 7.46‑acre land parcel available for sale.
    • Excellent location near Winchester and Houston Levee Road intersection.
    • Germantown city limits.
    • Adjoins the planned Forrest Hill Heights development.
    • T‑3 zoning designation.
    • Convenient to TPC Southwind, FedEx HQ, and Sedgwick HQ.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7628616
    Latitude
    35.0475916

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    FAQs

    What type of property is this?
    Land - 7.46 acres, prime Memphis location. Development opportunity.
    Where is this land located?
    The property is located at Winchester Rd Memphis, TN.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 7.46-acre land parcel available for sale.; Excellent location near Winchester and Houston Levee Road intersection.; Germantown city limits.
    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
    Winchester Rd Memphis, TN 38139
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