2412 Kate Bond Rd Memphis, TN 38133
This exceptional 7.2-acre property, located at 2412 Kate Bond Rd, Memphis, TN 38133, presents a unique investment opportunity. Zoned CMU-2, this fee-simple land offers significant potential for diverse development. The sale encompasses three parcels totaling 8.3029 acres, including a 7.209-acre parcel ideal for future development, and Lots 1 and 2 of KATE BOND PD AMENDED AREA B PHASE 1 S/D. This versatile land is suitable for a variety of uses, including subdividing, retail strip centers, office parks, medical or dental offices, and storage units. The property's APN is 092009 00009. Please note that billboards located on Lots 1 and 2 are not included in the sale. This prime location in Shelby County offers excellent access and visibility, making it an attractive proposition for developers and investors seeking a high-growth area. The property's latitude and longitude coordinates are 35.19249017, -89.80274424 respectively. This is a rare opportunity to acquire a substantial land parcel in a thriving Memphis market.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.