Austin Peay Highway Land
For Sale
Contact for pricing
4855 Egypt Central Rd, Memphis, TN 38128
18.85 Acres on Austin Peay Highway, Memphis.
Property SizeContact for details
Lot Size18.85 Acres
Days on Market703
Property Features for 4855 Egypt Central Rd
General Information
Standard status
Active
Lot size
18.85 Acres
Property subtype
Land
Zoning
Commercial Mixed-Use CMU-2 & Residential RU-3
Listing Agency:
Cushman & Wakefield | Commercial Advisors LLC - Memphis, Tennessee
(619) 772-7541
Listed By:
Carson Claybrook · License #TN 314998
Source:
Crexi
Added: Sep 18, 2024
Changed: Aug 14
Last Checked: Aug 14 at 5:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Commercial Advisors LLC - Memphis, Tennessee
Investment Insights
Based on property information with market context.
This property offers approximately 18.853 acres of land situated on Austin Peay Highway in Memphis, Tennessee. The site features 1,855 feet of frontage along the highway, providing visibility to approximately 23,170 vehicles daily. The land is divided into two zoning designations: 14.218 acres are zoned CMU-2 for commercial mixed-use, and 4.635 acres are zoned RU-3 for residential use, allowing for varied development possibilities. Located less than one mile from Methodist North Hospital, the property benefits from its proximity to this local landmark. The surrounding area has a dense population, with over 80,000 residents within a 5-mile radius. The average household income within a 3-mile radius is $89,269.
Key Highlights
- Prime location with 1,855 feet of frontage on Austin Peay Highway and high visibility to 23,170 daily vehicles.
- Zoned for mixed‑use development: 14.218 acres CMU‑2 (commercial mixed‑use) and 4.635 acres RU‑3 (residential).
- Strategic location less than a mile from Methodist North Hospital.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Explore this area
Business Placement
Demographics for 38128, TN
43,197
Population
18,388
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
85%
High-School Grad
23.6 sq mi
ZIP Area
1,830
Density / Sq Mi
$43,166
Median Household Income
$32,429
Median Earnings
$1,150
Median Rent
$123,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 18.85 Acres on Austin Peay Highway, Memphis.
Where is this commercial land located?
The property is located at 4855 Egypt Central Rd Memphis, TN.
What are key features of this property?
This property features: Prime location with **1,855 feet of frontage on Austin Peay Highway** and high visibility to 23,170 daily vehicles.; Zoned for mixed‑use development: 14.218 acres CMU‑2 (commercial mixed‑use) and 4.635 acres RU‑3 (residential).; Strategic location less than a mile from Methodist North Hospital.
