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Property profile & analytics
OFF-MARKET
Land

0 Shelby Dr Memphis, TN 38125

8.45 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.45-acre commercial land parcel presents a remarkable investment opportunity in Southeast Memphis, Tennessee. Strategically located on East Shelby Drive, between Riverdale Road and South Germantown Road, this property boasts excellent visibility and accessibility within a thriving retail corridor. The site offers significant potential, with the possibility of subdivision to accommodate multiple development projects. Daily traffic counts on East Shelby Drive exceed 19,000 vehicles, ensuring high exposure for any business established here. The surrounding area is anchored by a strong mix of established national and regional retailers, including a Walmart Neighborhood Market, Kroger, McDonald's, Checkers, Taco Bell, Hibbet Sports, Advanced Auto Parts, and Dollar General. This prime location provides immediate access to a substantial customer base and benefits from the high volume of traffic generated by this busy retail intersection. The property's size and location make it ideal for a variety of commercial uses, offering significant potential for future growth and return on investment. The 38125 zip code further enhances the property's desirability. This is a rare opportunity to acquire a sizable, well-situated commercial land parcel in a rapidly developing area of Memphis. Serious inquiries are encouraged.

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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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