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Cypress Ridge Dr, Memphis, TN 38028

Commercial and industrial land available in Briargate Business Park.

Property SizeContact for details
Lot Size10.40 Acres
Days on Market1634

Property Features for Cypress Ridge Dr

General Information

Standard status Active
Lot size 10.40 Acres
Property subtype Land
Zoning B-2/M-1
Listing Agency: Crye-Leike Commercial Memphis
Listed By: Jaime Henson · License #TN 344279
Source: Crexi
Added: Apr 28, 2022 Changed: Oct 13 Last Checked: Oct 16 at 7:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crye-Leike Commercial Memphis

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Investment Insights

Based on property information with market context.

Located in Briargate Business Park in Arlington, TN, this property includes multiple parcels. There are 10.4 acres zoned B-2 Commercial with frontage on Highway 64 at the entrance to the park. Additionally, there are 11.71 acres zoned M-1 Industrial that have been cleared and are ready for development, as well as 30 +/- acres also zoned M-1 Industrial. All utilities are present with the exception of sewer. 15 acres are currently under contract/subdivision.

Key Highlights

  • 10.4 Acre B‑2 Commercial acres with frontage on Highway 64.
  • 11.71 Acre M‑1 Industrial acres cleared and ready for development.
  • 30 +/- Acre M‑1 Industrial acres available.

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 38028, TN

7,211
Population
2,789
Households
2.6
Avg Household Size
51
Median Age
42%
College-Educated
94%
High-School Grad
59.2 sq mi
ZIP Area
122
Density / Sq Mi
$150,847
Median Household Income
$60,368
Median Earnings
$1,258
Median Rent
$461,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Memphis, TN

5.5% 2019
6.3% 2020
4.8% 2021
4.5% 2022
7.4% 2023
8.8% 2024
8.5% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial and industrial land available in Briargate Business Park.
Where is this commercial land located?
The property is located at Cypress Ridge Dr Memphis, TN.
What are key features of this property?
This property features: 10.4 Acre B‑2 Commercial acres with frontage on Highway 64.; 11.71 Acre M‑1 Industrial acres cleared and ready for development.; 30 +/- Acre M‑1 Industrial acres available.
(901) 758-5670 Call to check price and availability
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