0 Gertrude Dr Memphis, TN 38125
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.