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    5501 Tchulahoma Rd Memphis, TN 38118

    Sponsored
    For Sale
    $1,000,000

    Prime South Memphis acreage, RU-2 zoned. Excellent investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 58-acre parcel presents a remarkable development opportunity in South Memphis, Tennessee. Located at 5501 Tchulahoma Rd, Memphis, TN 38118, this property boasts a highly desirable RU-2 zoning designation from Shelby County, making it ideally suited for a variety of residential projects, including apartments or townhomes. The expansive lot size offers significant potential for a large-scale development. Its strategic location provides convenient access to the Memphis International Airport, enhancing its appeal and value. The asking price is $1,000,000. The property is classified as both Industrial and Residential land, offering flexibility for potential uses. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area of Memphis, offering significant returns for the discerning investor. The property's proximity to the airport and its RU-2 zoning make it a truly exceptional investment prospect. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure this prime piece of Memphis real estate.

    Property Features for 5501 Tchulahoma Rd

    General Information

    Property type
    Land
    Lot Size
    2,526,480 SF

    HighLights

    • 58‑acre development opportunity in South Memphis.
    • Minutes from Memphis International Airport.
    • RU‑2 zoning (Shelby County).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9519818
    Latitude
    35.054895

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    FAQs

    What type of property is this?
    Land - Prime South Memphis acreage, RU-2 zoned. Excellent investment.
    Where is this land located?
    The property is located at 5501 Tchulahoma 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: 58-acre development opportunity in South Memphis.; Minutes from Memphis International Airport.; RU-2 zoning (Shelby County).
    Request Owner's contact information
    5501 Tchulahoma Rd Memphis, TN 38118
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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
    5501 Tchulahoma Rd Memphis, TN 38118
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