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    Arnold Rd Memphis, TN 38118

    For Sale
    $1,000,000

    Prime Memphis land, ideal for diverse projects.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 20.24-acre property presents a significant development opportunity in Memphis, Tennessee. Located at 0 Arnold Rd, zip code 38118, in Shelby County, this expansive parcel is zoned RES and offers unparalleled access to key transportation arteries. Its proximity to Memphis International Airport and the FedEx World Hub provides exceptional logistical advantages, while convenient access to major highways and railways ensures seamless connectivity. The substantial lot size allows for a wide range of development possibilities, catering to residential, commercial, or industrial projects. The asking price for this unique land opportunity is $1,000,000. The property's APN is 07310200127. This is a rare chance to acquire a large, strategically located tract of land in a thriving Memphis market. The property's versatility makes it suitable for a variety of uses, presenting a compelling investment prospect for discerning developers and investors. Don't miss this chance to secure a substantial piece of Memphis real estate.

    Property Features for 0 Arnold Rd

    General Information

    Property type
    Land
    Lot Size
    881,654 SF

    HighLights

    • 20.24‑acre development site in Memphis, TN.
    • Located at 0 Arnold Rd, 38118, Shelby County.
    • Zoned RES.
    • Excellent access to Memphis International Airport, FedEx World Hub, major highways, and railways.
    • $1,000,000 asking price.
    • APN: 07310200127.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.945299175195
    Latitude
    35.02437386624

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    FAQs

    What type of property is this?
    Land - Prime Memphis land, ideal for diverse projects.
    Where is this land located?
    The property is located at Arnold Rd Memphis, TN.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 20.24-acre development site in Memphis, TN.; Located at 0 Arnold Rd, 38118, Shelby County.; Zoned RES.
    Request Owner's contact information
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    Memphis, TN 38118
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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
    Arnold Rd Memphis, TN 38118
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