0 Frst Hl Rd And Winchester Rd Memphis, TN 38125
This exceptional 1.936-acre commercial land parcel presents a remarkable investment opportunity in the thriving Germantown, Tennessee market. Situated at the highly visible intersection of Winchester Road and Forest Hill Irene Road, this pad-ready site boasts unparalleled accessibility and exposure. The property benefits from exceptionally high traffic counts, with Winchester Road registering 15,115 average annual daily traffic and Forest Hill Irene Road recording 17,171 AADT. This strategic location places the property within a quarter-mile radius of major corporate headquarters, including FedEx World Headquarters, Orgill Corporate Office, and Thyssenkrupp Corporate Office, ensuring a robust and established clientele base. Furthermore, the immediate vicinity is densely populated with a diverse range of successful businesses, including First Horizon Bank, Hyatt Place Hotel, Exxon, Target, Sprouts Farmers Market, Marshalls, and numerous restaurants and retail establishments such as Mellow Mushroom, Malco Theatres, and various fitness centers. This ensures a strong existing customer base and significant foot traffic. The property's prime location and surrounding amenities make it ideal for a variety of commercial developments, offering significant potential for substantial returns. The site is ready for immediate development, presenting a unique opportunity to capitalize on this high-demand location. The zip code is 38125, and the property is located in Shelby County.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.