0 Nec Stateline & Riverdale Memphis, TN 38104

This exceptional 14.97-acre land parcel presents a remarkable opportunity for multifamily development in Memphis, Tennessee. Ideally situated at the intersection of Stateline and Riverdale Roads in Shelby County (zip code 38104), this property boasts a prime location on the edge of Olive Branch, offering convenient access to major amenities. The site is already permitted and entitled for multifamily construction, eliminating significant pre-development hurdles. With zoning specifically designated for multifamily use, this land is ready for immediate development. Preliminary plans indicate the potential to accommodate up to 212 residential units, making it an attractive proposition for large-scale residential projects. Its proximity to shopping centers and FedEx Ground further enhances its appeal, providing future residents with easy access to employment opportunities and daily conveniences. The sale price is negotiable, making this a highly flexible investment opportunity. This is a rare chance to acquire a fully permitted, ready-to-develop site in a rapidly growing area of Memphis. Don't miss this chance to capitalize on the strong demand for residential housing in this desirable location. Contact us today to learn more about this exceptional development opportunity.