Prime Land on Walnut Grove
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Walnut Grove And Houston Levee Road, Memphis, TN
Excellent location with high traffic and strong demographics.
Days on Market185
Property Features for Walnut Grove And Houston Levee Road
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Tru Realty Group
(901) 258-8886
Listed By:
Austin Ehrat · License #0677707
Source:
Nmrk
Added: Jan 27
Changed: Jul 6
Last Checked: Jul 31 at 4:42AM
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 Tru Realty Group
Investment Insights
Based on property information with market context.
This commercial land is located on Walnut Grove Road, bordered by North Houston Levee Road. The property benefits from high traffic volume, with approximately 18,000 vehicles passing daily on Walnut Grove Road and 8,000 on South Houston Levee Road. Shelby County has announced $8 million in upcoming road improvements on Walnut Grove Road from Rocky Point Road to Houston Levee Road. The area boasts strong demographics, with an average household income significantly higher than the MSA average. Approximately 56,000 employees work within a five-mile radius, with a high percentage in white-collar positions. The site is located four miles from the Wolf River Medical Corridor and Baptist Hospital’s expanding medical campus, which employs over 8,000 people and has driven significant growth in the area. The Poplar/I-240 Class A Office Corridor, hosting seven million square feet of office space, is a short drive away. This corridor is home to the headquarters of major companies, including International Paper, Baptist Hospital, and Kroger. The property is also located four miles from Shelby Farms Park, a popular outdoor amenity with substantial annual visitors.
Key Highlights
- High average household income ($166k), 70.9% higher than the MSA average.
- High traffic location: Approximately 18,000 cars pass daily on Walnut Grove Road and 8,000 on S. Houston Levee Road.
- Proximity to major employers: 56,000 employees within a 5‑mile radius.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
63
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Frequently Asked Questions
What type of property is this?
Commercial land - Excellent location with high traffic and strong demographics.
Where is this commercial land located?
The property is located at Walnut Grove And Houston Levee Road Memphis, TN.
What are key features of this property?
This property features: High average household income ($166k), 70.9% higher than the MSA average.; High traffic location: Approximately 18,000 cars pass daily on Walnut Grove Road and 8,000 on S. Houston Levee Road.; Proximity to major employers: 56,000 employees within a 5‑mile radius.