0 Rocky Pt Rd Memphis, TN 38018

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.