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Property profile & analytics
OFF-MARKET
Land

0 Creek View Dr Memphis, TN 38128

8.45 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.45-acre commercial land parcel presents a compelling investment opportunity in the thriving Raleigh Trade Area of Memphis, Tennessee. Located conveniently behind Home Depot at the intersection of Creek View Drive and Stage Road, this property boasts high visibility and accessibility. The land is already entitled for residential subdivision development, with plans approved for 50 proposed lots. This significantly reduces the time and cost associated with obtaining necessary permits and approvals. The motivated seller makes this an even more attractive proposition. The location offers significant advantages, including close proximity to Methodist North Hospital, public schools, and a proposed Starbucks, ensuring a strong potential for future growth and high demand. Furthermore, the high traffic count on Stage Road, averaging 29,667 vehicles daily, underscores the property's exceptional commercial viability. This prime location, combined with the existing entitlements and motivated seller, makes this an unparalleled opportunity for developers seeking a high-return investment in a rapidly growing area of Memphis. The Shelby County location and 38128 zip code further enhance its desirability. Don't miss this chance to acquire this valuable asset.

Property profile
Verified
Property type Land
Lot 8.45 ac (368,082 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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