CMU-1 Commercial
For Sale
$75,000
W SHELBY Dr W, Memphis, TN 38109
Land, Memphis, TN
Property SizeContact for details
Lot Size3.90 Acres
Days on Market154
Property Features for W SHELBY Dr W
General Information
Property type
Land
Property subtype
Other
Zoning
CMU-1
Subdivision
coro lake
Standard status
Active
Lot size
3.90 Acres
Taxes and HOA fees
Tax Annual Amount
301
Listing Agency:
KAIZEN Realty, LLC
(901) 221-4041
Listed By:
April Davis
(901) 645-9110
Added: Mar 30
Changed: Aug 19
Last Checked: Aug 30 at 12:06PM
MLS# 10218260
Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This approximately 3.9-acre tract is designated CMU-1 and positioned for commercial or mixed-use development. The parcel offers approximately 270 feet of frontage along West Shelby Drive, providing direct exposure from a principal roadway. Potential applications identified for the site include retail, office, and multi-use development, subject to zoning and applicable restrictions.
The property sits near the West Shelby Drive and Weaver Road intersection and directly across from Dalstrom Park. Highway 61 is accessible from the site, adding a regional connection for future users. Utility availability has not been confirmed, and buyers should independently verify zoning, utilities, and restrictions before proceeding.
The property sits near the West Shelby Drive and Weaver Road intersection and directly across from Dalstrom Park. Highway 61 is accessible from the site, adding a regional connection for future users. Utility availability has not been confirmed, and buyers should independently verify zoning, utilities, and restrictions before proceeding.
Key Highlights
- Approximately 3.9 acres of commercially zoned land
- Approximately 270 feet of frontage on West Shelby Drive
- CMU‑1 zoning designation
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
Explore this area
Business Placement
Demographics for 38109, TN
42,437
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
59.7 sq mi
ZIP Area
711
Density / Sq Mi
$36,934
Median Household Income
$30,780
Median Earnings
$1,000
Median Rent
$76,600
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Commercially zoned mixed-use parcel along West Shelby Drive with development flexibility and established roadway access.
Where is this commercial land located?
The property is located at W SHELBY Dr W Memphis, TN.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Approximately 3.9 acres of commercially zoned land; Approximately 270 feet of frontage on West Shelby Drive; CMU‑1 zoning designation
