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Property profile & analytics
OFF-MARKET
Land

0 Gertrude Dr Memphis, TN 38125

4.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.4-acre parcel of land presents a remarkable opportunity for residential development in Memphis, Tennessee. Located in Shelby County, on Gertrude Drive, zip code 38125, this property is zoned for residential use and boasts significant potential for subdivision into multiple lots. The flat terrain and readily available city sewer connections significantly reduce upfront infrastructure costs, making this a highly attractive investment for developers. The existing connections to city sewers eliminate the need for costly and time-consuming sewer line installations, streamlining the development process and enhancing profitability. The property's location within an established residential area ensures high demand for any developed properties, whether single-family homes or multi-family units. This strategic location, combined with the ample acreage and development-ready condition, positions this land for strong capital appreciation and significant return on investment. The property's APN is D0255KB00047. This is a truly exceptional opportunity to create a thriving residential community or a mixed-use development that caters to the growing needs of the Memphis area. The ease of development, coupled with the desirable location, makes this a rare find in the current market. Don't miss this chance to capitalize on the potential of this premier residential land offering.

Property profile
Verified
Property type Land
Lot 4.4 ac (191,664 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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