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Property profile

0 Martin Luther King Jr Dr And Southland Dr West Memphis, AR 72301

OFF-MARKET
Land
0.88 ac lot
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Property summary

AI-generated overview

This exceptional 0.88-acre commercial land parcel presents a unique investment opportunity in West Memphis, Arkansas. Strategically located at I-40 Exit 280, this property offers unparalleled accessibility and visibility. The site is zoned for commercial use, providing flexibility for a wide range of development possibilities. Its proximity to Downtown Memphis and the Southland Casino ensures high traffic volume and significant potential for attracting customers. The asking price is $275,000, representing a compelling value for this prime location. The property encompasses 38,332 square feet of usable land, providing ample space for various commercial ventures. A ground lease option may also be considered. This property is situated in Crittenden County, Arkansas, with a 72301 zip code, and is conveniently located at the intersection of Martin Luther King Jr. Drive and Southland Drive. Given its location, size, and zoning, this land parcel is ideal for businesses seeking a high-traffic, easily accessible location in a thriving area. Don't miss this chance to acquire a valuable piece of commercial real estate in a rapidly developing region.

Property profile

Verified
Property type Land
Lot 0.88 ac (38,333 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Martin Luther King Jr Dr And Southland Dr West Memphis, AR 72301
West Memphis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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