0 Market Farms Land Parcel Memphis, TN 38016
This exceptional 2.49-acre commercial land parcel presents a remarkable investment opportunity in the thriving Wolfchase area of Cordova, Tennessee. Located in Shelby County, zip code 38016, this property boasts a highly desirable location with convenient access to Germantown Parkway at a signaled intersection. The site is pad-ready, eliminating significant pre-development costs and expediting the construction process. Its Planned Development zoning allows for a wide range of commercial uses, providing flexibility for potential buyers. The property's address is Market Farms Land Parcel, situated at latitude 35.1868806 and longitude -89.7989228. Given its prime location in a rapidly growing area, this outparcel presents an excellent chance to establish a strong commercial presence. The substantial lot size offers ample space for various development projects, catering to a diverse range of businesses. The strategic location near the busy Germantown Parkway ensures high visibility and accessibility, attracting significant foot traffic and customer reach. This is a rare opportunity to acquire a well-positioned, ready-to-develop commercial land parcel in a high-demand area of Memphis. The combination of its size, location, and zoning makes it an ideal investment for developers and businesses seeking a strategic foothold in the Wolfchase market. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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