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Property profile & analytics
OFF-MARKET
Land

5549 Winchester Rd Memphis, TN 38115

4.44 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.44-acre commercial land parcel presents a remarkable investment opportunity in Memphis, Tennessee. Strategically located at the hard corner of Winchester Road and Heather Ridge Drive, this property boasts 423 feet of frontage on a busy thoroughfare, ensuring maximum exposure for any development. The asking price is $484,000, translating to a land value of $2.50 per square foot. The site is zoned CMU-2, offering a range of potential uses for businesses seeking a high-traffic location. Situated in Shelby County, with a Memphis address of 5549 Winchester Road, zip code 38115, this property provides easy access to major transportation routes and a thriving commercial district. Its ideal location and zoning make it suitable for a variety of commercial ventures, from retail establishments to office spaces, presenting a compelling opportunity for investors and developers alike. The significant frontage and high visibility make this a rare find in a desirable Memphis location. Detailed zoning information and development possibilities are readily available upon request. Don't miss this chance to acquire a prime commercial property in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 4.44 ac (193,406 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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