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Property profile & analytics
OFF-MARKET
Land

0 Shelby Dr Memphis, TN 38125

44.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 44.88-acre parcel presents a unique investment opportunity in Southeast Memphis, situated at the high-traffic intersection of Hacks Cross Road and East Shelby Drive. The property is ideally positioned for a mixed-use development, offering significant potential for retail, commercial, and residential uses. A planned retail center anchored by a national fuel brand is currently under development, offering up to 16,856 square feet of retail space. This development provides an excellent opportunity for synergistic growth and increased visibility for future tenants. Beyond the planned retail center, ample additional land is available for outparcels, further commercial development, or residential construction. The property's strategic location and flexible development options make it an attractive proposition for investors seeking high-return opportunities. Build-to-suit and ground lease options are available, with lease and sale rates negotiable. The property is located in Shelby County, Tennessee, with a zip code of 38125. This is a rare chance to acquire a substantial land holding in a rapidly growing area of Memphis, offering a diverse range of development possibilities. Contact us today to discuss this exciting opportunity and explore the potential of this prime real estate.

Property profile
Verified
Property type Land
Lot 44.88 ac (1,954,973 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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