2288 Germantown Pkwy Memphis, TN 38016
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.