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    6476 Winchester Rd Memphis, TN 38115

    For Sale
    Contact for pricing

    Prime 1-acre commercial lot in Memphis.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1-acre pad site presents a remarkable investment opportunity in the thriving Memphis, Tennessee market. Located at 6476 Winchester Road, this property enjoys a highly visible position at the entrance of the bustling 185,000 square foot Hickory Commons shopping center. The site is zoned CMU-3 (Commercial Mixed Use - 3), offering considerable flexibility for a variety of commercial developments. Its strategic location within a grocery-anchored center ensures high traffic volume and excellent visibility, attracting a substantial customer base. Neighboring businesses include Popeyes, a gas station, and other service-oriented outparcels, creating a synergistic environment for potential development. The property's one-acre size provides ample space for a variety of commercial ventures, from retail establishments to restaurants or other service businesses. This prime location in Shelby County, Tennessee, offers unparalleled access to a dense population and strong consumer spending. The property is offered for sale by owner, providing a direct and efficient transaction process. This is an exceptional opportunity to acquire a highly desirable commercial pad site in a rapidly growing area of Memphis. Don't miss this chance to secure a prominent location in a successful shopping center environment.

    Property Features for 6476 Winchester Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Located at 6476 Winchester Road, Memphis, TN 38115.
    • Shelby County location.
    • CMU‑3 (Commercial Mixed Use‑3) zoning.
    • Approximately 1‑acre site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.84658332
    Latitude
    35.04967915

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    FAQs

    What type of property is this?
    Land - Prime 1-acre commercial lot in Memphis.
    Where is this land located?
    The property is located at 6476 Winchester Rd Memphis, TN.
    What are key features of this property?
    This property features: Located at 6476 Winchester Road, Memphis, TN 38115.; Shelby County location.; CMU-3 (Commercial Mixed Use-3) zoning.
    Request Owner's contact information
    6476 Winchester Rd Memphis, TN 38115
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    Memphis, TN 38115
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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
    6476 Winchester Rd Memphis, TN 38115
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