Rocky Pt Rd Memphis, TN 38018
- Land
- 36.70 lot acres
Current Use by Public Records
- Land
Property Details for 0 Rocky Pt Rd
- Lot size
- 36.70 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 36.7-acre property, located in Shelby County, Tennessee, near Memphis (zip code 38018), presents a remarkable development opportunity. Situated in the "Gray's Creek" area, this land boasts a unique combination of residential and greenbelt zoning (Residential/Greenbelt). The lot measures approximately 1273.8 feet by 1252.68 feet (irregular). The asking price is $551,000, translating to $15,000 per acre. While a timber valuation hasn't been conducted, the property features numerous mature trees. A significant advantage is the property's elevated position relative to the surrounding area. Furthermore, a preliminary engineering assessment suggests sufficient on-site fill material to level the entire 36.7 acres. The property's APN is D0215 00806 and is privately owned. This is a rare chance to acquire a sizable tract of land with considerable development potential in a desirable location. The address is Rocky Point Rd, Memphis, TN.
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
- -89.7534
- Latitude
- 35.1323
