Listing Agency: Mike Ferguson Realty, LLC m***@mfrc.net Show Phone

Listed By: Mike Ferguson · License #AR PB00073201

Source: Crexi

Added: Oct 9, 2018 Changed: Aug 8 Last Checked: Aug 8 at 4:35AM

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Investment Insights

Based on property information with market context.

This property is zoned RU-3 for apartment development. It features 315 feet of frontage along Shelby Drive and extends 547 feet in depth. The location is near Memphis International Airport and approximately 1.5 miles east of the I-55 Shelby Drive exit.

Key Highlights

• RU‑3 Apartment Zoning
• 315 feet of frontage on Shelby Drive
• 547 feet deep lot

Property Analytics

Property Profile

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

101

Businesses Nearby

Explore this area Business Placement

Demographics for 38118, TN

39,627

Population

16,317

Households

2.4

Avg Household Size

32

Median Age

12%

College-Educated

79%

High-School Grad

30.5 sq mi

ZIP Area

1,299

Density / Sq Mi

$42,464

Median Household Income

$30,431

Median Earnings

$1,105

Median Rent

$95,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Residential land near Memphis International Airport.

Where is this residential land & home lot located?

The property is located at 0 Shelby Drive Memphis, TN.

What is the asking price?

The asking price for this property is $199,000.

What are key features of this property?

This property features: RU‑3 Apartment Zoning; 315 feet of frontage on Shelby Drive; 547 feet deep lot