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    Shelby Dr Memphis, TN 38125

    Sponsored
    For Sale
    Contact for pricing

    8.45 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8.45-acre commercial land parcel presents a remarkable investment opportunity in Southeast Memphis, Tennessee. Strategically located on East Shelby Drive, between Riverdale Road and South Germantown Road, this property boasts excellent visibility and accessibility within a thriving retail corridor. The site offers significant potential, with the possibility of subdivision to accommodate multiple development projects. Daily traffic counts on East Shelby Drive exceed 19,000 vehicles, ensuring high exposure for any business established here. The surrounding area is anchored by a strong mix of established national and regional retailers, including a Walmart Neighborhood Market, Kroger, McDonald's, Checkers, Taco Bell, Hibbet Sports, Advanced Auto Parts, and Dollar General. This prime location provides immediate access to a substantial customer base and benefits from the high volume of traffic generated by this busy retail intersection. The property's size and location make it ideal for a variety of commercial uses, offering significant potential for future growth and return on investment. The 38125 zip code further enhances the property's desirability. This is a rare opportunity to acquire a sizable, well-situated commercial land parcel in a rapidly developing area of Memphis. Serious inquiries are encouraged.

    Property Features for 0 Shelby Dr

    General Information

    Property type
    Land
    Lot Size
    368,082 SF

    HighLights

    • 8.45‑acre commercial land parcel on E Shelby Drive, between Riverdale & S Germantown Roads, Southeast Memphis, TN.
    • Site is divisible, offering potential for multiple developments.
    • Excellent visibility and accessibility in a high‑traffic retail area.
    • Strong retail corridor with over 19,000 vehicles daily on E Shelby Drive.
    • Nearby retailers include Walmart, Kroger, McDonald's, and other national/regional chains.
    • Located in the desirable 38125 zip code.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7796146
    Latitude
    35.0205601

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    FAQs

    What type of property is this?
    Land - 8.45 Acres, High-Traffic Location
    Where is this land located?
    The property is located at Shelby Dr Memphis, TN.
    What are key features of this property?
    This property features: 8.45-acre commercial land parcel on E Shelby Drive, between Riverdale & S Germantown Roads, Southeast Memphis, TN.; Site is divisible, offering potential for multiple developments.; Excellent visibility and accessibility in a high-traffic retail area.
    (865) 320-0609
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    Shelby Dr Memphis, TN 38125
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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
    Shelby Dr Memphis, TN 38125
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