0 Shelby Dr Memphis, TN 38125
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.
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.