2001 Waverly Rd West Memphis, AR 72301
- Land
- 25.00 lot acres
Current Use by Public Records
- Land
Property Details for 2001 Waverly Rd
- Lot size
- 25.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 25-acre industrial property, located at 2001 Waverly Road in West Memphis, Arkansas, presents a significant investment opportunity. Priced at $2,200,000, the property boasts a prime location offering convenient access to major transportation arteries, including Interstates 40 and 55. Its proximity to Union Pacific Intermodal and the Port of Memphis further enhances its logistical advantages. The land is currently zoned for light industrial use, providing flexibility for a variety of potential applications. The site features a flat topography, simplifying development and maximizing usable space. A 960-square-foot service building, constructed in 2003, is included on the property, providing immediate functional space. The gravel lot provides ample parking and storage capabilities. Situated in West Memphis, the largest city in Crittenden County and part of the Memphis Metropolitan Statistical Area (MSA), this property benefits from a robust population base exceeding 1.3 million people within the Designated Market Area (DMA). Residents enjoy easy access to a wide array of amenities, including top-tier healthcare facilities and diverse cultural opportunities. This property offers a unique blend of location, size, and existing infrastructure, making it an ideal investment for businesses seeking strategic expansion or development in a thriving market. The property is owned by ProTrans.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Memphis
- County
- Crittenden
- State
- Arkansas
- Longitude
- -90.2318
- Latitude
- 35.1169
