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Property profile & analytics

Gertrude Dr Memphis, TN 38125

  • Land
  • 4.40 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Land

Property Details for 0 Gertrude Dr

Lot size
4.40 lot acres
Property type
Land

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-89.8116
Latitude
35.0091
More about this property
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