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Property profile & analytics
OFF-MARKET
Land

0 Winchester & Mendenhall Memphis, TN 38115

0.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional .5-1 acre commercial land parcel presents a prime investment opportunity in Memphis, Tennessee. Located at the intersection of Winchester and Mendenhall Roads, this property boasts unparalleled visibility and accessibility, benefiting from high daily traffic counts exceeding 36,000 vehicles. The land is priced at $12 per square foot, representing a compelling value proposition for developers and investors seeking a strategic location within a thriving commercial area. The property's ideal position offers two convenient points of access, ensuring ease of ingress and egress for customers and employees. Its location within the Mendenhall Square Mall vicinity provides additional exposure and potential synergy with existing businesses. This is a rare opportunity to acquire a highly visible and accessible commercial land parcel in a prime Memphis location, perfect for a variety of commercial developments. The Shelby County address and 38115 zip code further solidify its strategic position within a well-established commercial corridor. The property's size and location make it suitable for a range of commercial uses, offering significant potential for future growth and return on investment. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 0.5 ac (21,780 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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