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Property profile & analytics
OFF-MARKET
Land

0 Goodlett Farms Pkwy Memphis, TN 38016

Property ID
Property summary
AI-generated overview

This exceptional 0.47-acre commercial land parcel (Parcel ID: D0207 J00010C) presents a unique investment opportunity in Memphis, Tennessee. Situated at the hard corner of Goodlett Farms Parkway and Kirby Whitten Road, this property boasts unparalleled visibility and convenient access to Interstate 40, ensuring high traffic flow and excellent exposure for your business. The lot size is 11,000 square feet, zoned AG, and offers flexibility for various commercial developments. Ideal for a restaurant or bank (up to 4,000 square feet) or a retail or office building (up to 7,000 square feet), this location benefits from its proximity to major employers such as Smith & Nephew, Hunter Fan, National Cotton Council, Truck Pro, and Aerotek, all headquartered in the Goodlett Farms submarket of Northeast Shelby County. The address is 0 Goodlett Farms Pkwy, Memphis, TN 38016. This property is a single-tenant site, offering a unique opportunity to establish a strong presence in a thriving business community. Don't miss this chance to secure a prime commercial location in a high-growth area.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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