5549 Winchester Rd Memphis, TN 38115
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.
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.
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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.