0 Hollywood St Memphis, TN 38127
This exceptional 0.79-acre commercial land parcel presents a unique investment opportunity in Memphis, Tennessee. Strategically located on North Hollywood Street in Shelby County, zip code 38127, this property enjoys high visibility and accessibility, situated just off Interstate 40's Exit 5 ramp. The site is ideally positioned within the thriving Frayser Trade Area, benefiting from the proximity to major employers. Specifically, it's less than 2.5 miles from the Nike North America Logistics Campus, employing over 2,600 people, and approximately 3.6 miles from an Amazon Fulfillment Center with a workforce exceeding 2,000. This prime location ensures significant traffic exposure, with high daily traffic counts on both Interstate 40 (112,640 vehicles) and North Hollywood Street itself (27,280 vehicles). The property is available for sale, ground lease, or build-to-suit options, providing flexibility for various development scenarios. This presents a compelling opportunity for investors and developers seeking a well-located parcel in a rapidly growing area with strong employment demographics and excellent transportation links. The property's size and location make it suitable for a wide range of commercial uses.
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
Similar Nearby for Sale
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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.