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    Gertrude Dr Memphis, TN 38125

    Sponsored
    For Sale
    Contact for pricing

    Prime 4.4-acre residential lot, Memphis, TN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.4-acre parcel of land presents a remarkable opportunity for residential development in Memphis, Tennessee. Located in Shelby County, on Gertrude Drive, zip code 38125, this property is zoned for residential use and boasts significant potential for subdivision into multiple lots. The flat terrain and readily available city sewer connections significantly reduce upfront infrastructure costs, making this a highly attractive investment for developers. The existing connections to city sewers eliminate the need for costly and time-consuming sewer line installations, streamlining the development process and enhancing profitability. The property's location within an established residential area ensures high demand for any developed properties, whether single-family homes or multi-family units. This strategic location, combined with the ample acreage and development-ready condition, positions this land for strong capital appreciation and significant return on investment. The property's APN is D0255KB00047. This is a truly exceptional opportunity to create a thriving residential community or a mixed-use development that caters to the growing needs of the Memphis area. The ease of development, coupled with the desirable location, makes this a rare find in the current market. Don't miss this chance to capitalize on the potential of this premier residential land offering.

    Property Features for 0 Gertrude Dr

    General Information

    Property type
    Land
    Lot Size
    191,664 SF

    HighLights

    • 4.4‑acre residential development site in Memphis, TN (Shelby County, zip code 38125, APN D0255KB00047).
    • Existing city sewer connections eliminate costly infrastructure improvements.
    • Desirable residential location ideal for single‑family homes or multi‑family units.
    • Flat terrain and clear site minimize upfront development costs.
    • Strong potential for capital appreciation in a growth area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.811563198422
    Latitude
    35.009132396434

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    FAQs

    What type of property is this?
    Land - Prime 4.4-acre residential lot, Memphis, TN
    Where is this land located?
    The property is located at Gertrude Dr Memphis, TN.
    What are key features of this property?
    This property features: 4.4-acre residential development site in Memphis, TN (Shelby County, zip code 38125, APN D0255KB00047).; Existing city sewer connections eliminate costly infrastructure improvements.; Desirable residential location ideal for single-family homes or multi-family units.
    (901) 428-6981
    Request Owner's contact information
    Gertrude Dr Memphis, TN 38125
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    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
    Gertrude Dr Memphis, TN 38125
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