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Property profile & analytics
OFF-MARKET
Land

4921 Us 61 Hwy Memphis, TN 38109

7.24 ac lot
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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