4921 Us 61 Hwy Memphis, TN 38109
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.
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
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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.