974 Mccauley Dr West Memphis, AR 72301
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14.48 Acres Residential Land, Prime Location
Property Features for 974 Mccauley Dr
General Information
- Property type
- Land
- Lot Size
- 630,749 SF
Listing Agency: Woodyard Realty Corporation Listing Agent: Steve Woodyard
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Exceptional investment opportunity in West Memphis, Arkansas, presents 14.48 acres of prime residential land zoned R-4. This property, encompassing two adjacent parcels (APN 363-416-000000, 363-417-000000), previously housed 180 residential units, now cleared and ready for development. Mayfair 1 comprises 9.65 acres, while Mayfair 2 offers 4.83 acres. The land is priced at $1,250,000, or $1.98 per square foot. Strategically located just 6.7 miles from Downtown Memphis, Tennessee, and one mile from the expanding Southland Casino, this site benefits from a robust job market fueled by major employers like Amazon, Baptist Memorial Hospital, and the casino itself. West Memphis's position at the "Crossroads of America," where Interstates 40 and 55 converge, ensures exceptional accessibility and high traffic volume. The city's unique location, boasting the only two major Mississippi River bridges between St. Louis and Vicksburg, Mississippi, further enhances its economic potential and attracts significant employment opportunities. This property offers substantial potential for a variety of residential developments, capitalizing on the area's growth and strategic location. The cleared lots provide a blank canvas for immediate construction, making this an attractive proposition for developers seeking a high-impact project in a thriving market.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Map
- City
- West Memphis
- County
- Crittenden
- State
- Arkansas
- Longitude
- -90.1720962
- Latitude
- 35.1596793
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FAQs
What type of property is this?
Land - 14.48 Acres Residential Land, Prime Location
Where is this land located?
The property is located at 974 Mccauley Dr West Memphis, AR.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two adjacent parcels totaling 14.48 acres, formerly occupied by Mayfair I & II Apartments (180 units).; Demolished, leaving only concrete slabs; Mayfair I: 9.65 acres; Mayfair II: 4.83 acres.;