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    Claudette Rd Memphis, TN 38118

    For Sale
    Contact for pricing

    Prime Memphis location, ideal for truck parking or storage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4.86-acre commercial land parcel presents a unique investment opportunity in Memphis, Tennessee. Situated off Getwell Road and American Way, this level site boasts multiple access points, making it highly functional and easily accessible. Its proximity to the bustling I-240 and Highway 78 corridors provides unparalleled connectivity to major transportation routes, making it particularly well-suited for uses requiring convenient access to regional and interstate highways. The property's flat topography simplifies development, minimizing site preparation costs and expediting project timelines. The location is described as "shovel ready," indicating immediate readiness for construction. This makes it an attractive option for businesses seeking a quick and efficient start to their projects. Given its size and strategic location, this land is perfectly positioned for a variety of commercial uses, including, but not limited to, truck parking, drop yards, or self-storage facilities. The property is available for both lease and sale, offering flexibility to potential investors and developers. Located in Shelby County, Tennessee, with a zip code of 38118, this property offers a compelling combination of location, accessibility, and development readiness. The site is minutes away from the southeast Memphis industrial submarket, further enhancing its appeal to businesses in the logistics and transportation sectors.

    Property Features for 0 Claudette Rd

    General Information

    Property type
    Land
    Lot Size
    211,702 SF

    HighLights

    • 4.86‑acre commercial land parcel in Memphis, TN.
    • Level topography with multiple access points.
    • Located near I‑240 and Hwy 78, ideal for truck parking, drop yard, or self‑storage.
    • Available for sale or lease.
    • Situated off Getwell Road and American Way in Memphis' southeast industrial submarket.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.92521877
    Latitude
    35.07608153

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    FAQs

    What type of property is this?
    Land - Prime Memphis location, ideal for truck parking or storage.
    Where is this land located?
    The property is located at Claudette Rd Memphis, TN.
    What are key features of this property?
    This property features: 4.86-acre commercial land parcel in Memphis, TN.; Level topography with multiple access points.; Located near I-240 and Hwy 78, ideal for truck parking, drop yard, or self-storage.
    (901) 252-6481
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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
    Claudette Rd Memphis, TN 38118
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