Egypt C Memphis, TN 38128

Property Details for 0 Egypt C

Property size

1,324,660 SF

Property type

Land

Description

This exceptional 30.4-acre commercial land parcel presents a remarkable opportunity for residential development in a high-traffic area of Memphis, Tennessee. Located at the bustling intersection of Austin Peay Highway and Singleton Parkway, this vacant land boasts unparalleled visibility and accessibility. The property sits directly across Austin Peay Highway from Methodist North Hospital and Encompass Health Rehab Hospital, ensuring a strong patient and employee base nearby. Furthermore, the site enjoys close proximity to a variety of retail establishments including a Walmart Supercenter, Kroger, Walgreens, a DaVita Dialysis Clinic, Firestone Automotive Center, a new Chick-fil-A, Wendy's, and several banks. This strategic location offers significant advantages for attracting residents. The property is zoned RU-3, allowing for diverse residential options such as multi-family dwellings, duplexes, and cottage homes. Convenient access to city water, sewer, and electricity is available along both major roadways bordering the property. While a new Ford plant is located approximately 33 miles away, this property's immediate location within a thriving Memphis community offers significant advantages for residential development. The asking price for this expansive tract is $600,000, and the lot size ranges from 10,000 to 50,000 square feet, with a total square footage of 1,324,660. This presents a unique opportunity to capitalize on the strong demand for residential properties in this rapidly growing area of Memphis. The property's address is 0 Singleton Parkway, Memphis, TN 38128.

Location Insight

City

Memphis

County

47157

State

Tennessee

Longitude

-89.8928

Latitude

35.2553