1561 Germantown Pkwy Memphis, TN 38016
- Retail properties
- 6,723 SF
- 2.47 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1561 Germantown Pkwy
- Lot size
- 2.47 lot acres
- Property size
- 6,723 SF
- Property type
- Retail properties
Description
This exceptional retail property, located at 1561 N Germantown Pkwy in Memphis, Tennessee, offers a substantial 6,723 square feet of space on a generous 2.47-acre lot. The property is zoned Commercial (CL), providing flexibility for a variety of retail uses. Its strategic location in Cordova, within Shelby County (zip code 38016), places it in a thriving commercial area experiencing significant growth. The site benefits from excellent visibility and accessibility, enhanced by its position at a signalized intersection. This presents a significant advantage for attracting customers and ensuring convenient access for both employees and patrons. The building's previous use as an auto dealership suggests a layout well-suited for businesses requiring ample space and potentially specialized features. The property's size and location make it an ideal opportunity for businesses seeking a prominent presence in a rapidly developing market. This is a rare opportunity to acquire a substantial retail space in a high-traffic area with excellent visibility and accessibility. The 2.47-acre lot offers ample room for expansion or additional development, further enhancing its long-term value and potential. Serious inquiries are encouraged to explore this promising investment opportunity.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.7942
- Latitude
- 35.1669
