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Property profile & analytics
OFF-MARKET
Land

2288 Germantown Pkwy Memphis, TN 38016

0.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.66-acre commercial land parcel presents a remarkable investment opportunity in Memphis, Tennessee. Located at 2288 N Germantown Pkwy, in Shelby County, zip code 38016 (35.1877898, -89.7918721), this property boasts a highly desirable C-P zoning designation, opening doors to a wide array of commercial development possibilities. The lot's strategic positioning on a busy thoroughfare ensures exceptional visibility and accessibility, making it an ideal site for businesses seeking high traffic exposure. Its proximity to major highways further enhances its appeal, providing convenient access for customers throughout the Memphis metropolitan area. Priced at $298,000, this property offers a compelling chance to establish a thriving commercial venture or add a valuable asset to an existing portfolio. The substantial lot size provides ample space for construction and development, catering to a variety of commercial needs. Don't miss this chance to secure a prime piece of Memphis commercial real estate.

Property profile
Verified
Property type Land
Lot 0.66 ac (28,750 SF)
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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