Hollywood St Memphis, TN 38127
- Land
- 0.79 lot acres
Current Use by Public Records
- Land
Property Details for 0 Hollywood St
- Lot size
- 0.79 lot acres
- Property type
- Land
Description
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.
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
- -89.9754
- Latitude
- 35.1755
