Technical
Financial
Distress signals
Property profile

4921 Us 61 Hwy Memphis, TN 38109

OFF-MARKET
Land
7.24 ac lot
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Property summary

AI-generated overview

This exceptional 7.24-acre commercial land parcel presents a compelling investment opportunity in Memphis, Tennessee. Situated at 4921 S US 61 HWY, in Shelby County (zip code 38109), this property enjoys a prime location on a busy thoroughfare, guaranteeing high visibility for any business. The strategic positioning ensures excellent access to major transportation routes, maximizing exposure to a large customer base. Zoned CMU-3, the property offers considerable flexibility for a wide range of commercial developments. The asking price is $200,000. This substantial lot size provides ample space for various commercial ventures, making it an ideal canvas for ambitious entrepreneurs and established businesses seeking expansion. The high-traffic location and flexible zoning regulations combine to create a truly unique opportunity in a thriving Memphis market. Don't miss this chance to secure a prominent commercial presence in a high-demand area. The property's latitude and longitude coordinates are 35.0378756 and -90.0707291 respectively.

Property profile

Verified
Property type Land
Lot 7.24 ac (315,374 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4921 Us 61 Hwy Memphis, TN 38109
Memphis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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