Lp Dexter Spg Memphis, TN 38016
This exceptional 2.67-acre commercial land parcel presents a unique investment opportunity in the thriving Cordova, Tennessee market. Located directly behind the popular Huey's restaurant, this level lot boasts convenient access to Dexter Road and Germantown Parkway, ensuring high visibility and accessibility. The property is zoned CMU-2, offering a range of potential commercial development options. A recent survey confirms the lot size as 2.67 acres, correcting a previously listed discrepancy on the Shelby County Tax Assessor's website. The property's prime location, combined with its readily available zoning and corrected acreage, makes it an ideal site for a variety of commercial ventures. The asking price is $300,000. The Assessor's Parcel Number (APN) is 09-6500-0-0757. This is a rare opportunity to acquire a well-situated commercial lot in a rapidly growing area. Don't miss out on this chance to secure a valuable asset in a high-demand location. Serious inquiries only.
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.