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Property profile & analytics
OFF-MARKET
Land

0 Raleigh-Lagrange Rd Memphis, TN 38018

7.45 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.45-acre commercial land parcel presents a unique investment opportunity in Cordova, Tennessee. Strategically located near the intersection of Germantown Parkway and Trinity Road, this property boasts 161 feet of frontage ideal for development. The site is zoned for industrial use, offering significant potential for various commercial ventures. The land comprises approximately 3.17 acres available for development and 3.76 acres designated as a gas easement. Detailed information regarding the gas easement is available upon request. The asking price for this prime industrial land is $350,000. Situated in Shelby County, with a Cordova address and a 38018 zip code, this property offers easy access to major transportation routes and a thriving commercial area. The total acreage includes the developable land and the gas easement. This is an excellent chance to acquire a sizable tract of industrially zoned land in a high-growth area of Memphis. Don't miss this opportunity to secure a valuable asset in a desirable location. Contact us today to learn more and schedule a site visit.

Property profile
Verified
Property type Land
Lot 7.45 ac (324,522 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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