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Property profile & analytics
OFF-MARKET
Land

0 Market Farms Dr Memphis, TN 38016

2.49 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.49-acre land parcel presents a remarkable investment opportunity in the desirable Wolfchase area of Memphis, Tennessee. Located on Market Farms Drive in Shelby County, zip code 38016, this property boasts a prime location with convenient access to Germantown Parkway via a signaled intersection. The site is pad-ready, eliminating significant pre-development hurdles and accelerating the timeline for construction. Its zoning designation is Planned Development, offering flexibility for a variety of commercial and residential uses. The property's substantial size provides ample space for a diverse range of development projects, catering to various needs and scales. Given its strategic location in a thriving area with strong demographics and high visibility, this land parcel is poised for significant appreciation and offers exceptional potential for long-term returns. The coordinates are 35.18688598 latitude and -89.79892416 longitude. This is a rare opportunity to acquire a well-situated, ready-to-develop parcel in a high-demand market. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 2.49 ac (108,464 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
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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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