Forest Hill Irene Rd Memphis, TN 38125
- Land
- 1.87 lot acres
Current Use by Public Records
- Land
Property Details for 0 Forest Hill Irene Rd
- Lot size
- 1.87 lot acres
- Property type
- Land
Description
This exceptional 1.87-acre commercial land parcel is ideally situated in Memphis, Tennessee, offering unparalleled visibility and accessibility. Located directly off Highway 385, this property benefits from high traffic counts and excellent exposure. Its strategic position between the thriving communities of Germantown and Collierville ensures a strong potential for significant return on investment. The site is zoned commercial, subject to site plan review, making it suitable for a variety of uses. The area has experienced substantial recent development, with millions invested in the surrounding area in the past year. This presents a unique opportunity to capitalize on the continued growth and expansion of this desirable location. The property's proximity to three new upscale apartment communities further enhances its appeal, providing a built-in customer base for commercial ventures. This location is perfect for quick-service restaurants (QSRs) and other businesses seeking high visibility and convenient access. The asking price for this exceptional opportunity is $950,000. Don't miss out on this chance to secure a prime piece of commercial real estate in a rapidly developing area of Memphis. The property's location offers interstate visibility, ensuring maximum exposure to potential customers.
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
- -89.7597
- Latitude
- 35.03
