1080 Norris Rd Memphis, TN 38106
- Land
- 10.00 lot acres
Current Use by Public Records
- Land
Property Details for 1080 Norris Rd
- Lot size
- 10.00 lot acres
- Property type
- Land
Description
This exceptional 10-acre commercial land parcel presents a unique investment opportunity in South Memphis, Tennessee. Boasting convenient access to Interstate 240, this property enjoys excellent visibility and connectivity to major transportation arteries, including Highway 69 and I-55. Its strategic location places it within minutes of Downtown Memphis, Southaven, Mississippi, and Memphis International Airport, ensuring easy access for employees and customers. The area is densely populated with a wide variety of established retail businesses, including national chains such as Dollar General, Family Dollar, Subway, Popeyes, and many more, creating a vibrant and thriving commercial environment. High traffic counts are a significant advantage, with Norris Road averaging 10,252 vehicles daily, while I-240 and I-69 boast impressive daily traffic counts of 120,988 and 118,512 respectively. This property's size and location make it ideal for a variety of commercial developments, offering significant potential for substantial returns. The property is situated in Shelby County, Tennessee, with a zip code of 38106, and the address is 1080 Norris Rd, Memphis, TN. This is a rare opportunity to acquire a large, well-located commercial parcel in a rapidly growing area.
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
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0273
- Latitude
- 35.0834