0 Riverdale Rd Memphis, TN 38115
This exceptional 0.825-acre commercial land parcel presents a prime investment opportunity in Memphis, Tennessee. Strategically located on Riverdale Road, this property boasts exceptional visibility and accessibility, situated directly adjacent to a Scooter's Coffee and Take 5 Car Wash, ensuring high foot and vehicle traffic. Its location just south of the intersection with Winchester Road further enhances its prominence. The property's 0.825-acre size offers ample space for a variety of commercial developments, benefiting from a significant traffic count of 34,916 AADT (Average Annual Daily Traffic). This translates to substantial exposure for any business established on this site. The property is zoned for commercial use (specific zoning details available upon request) and is ready for immediate development. Given its prime location, high traffic volume, and proximity to established businesses, this parcel represents a rare opportunity for investors seeking a strong return on investment in a thriving Memphis market. The Shelby County location and 38115 zip code offer easy access to major transportation routes and amenities. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering.
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.