Southland Mall Memphis, TN 38116
- Land
- 1.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 Southland Mall
- Lot size
- 1.50 lot acres
- Property type
- Land
Description
This 1.5-acre commercial land parcel presents a unique investment opportunity at the prominent Southland Mall in Memphis, Tennessee. Located in Shelby County (APN 07906100187), this flat lot boasts a prime location with exceptional visibility and accessibility. The property features approximately 320 feet of road frontage on East Shelby Drive, a major thoroughfare with a high daily traffic volume of 21,241 vehicles. Its proximity to Elvis Presley Boulevard (19,715 VPD) and Interstate 55 further enhances its strategic value. Utilities are readily available on-site. The site benefits from a strong, newly established tenant mix in the immediate vicinity, including national brands such as Starbucks, AutoZone, and a freestanding Foot Locker. Ample parking is available, and the property's previous use as parking for a Macy's store ensures a level, easily developed site. The location is less than one mile from Memphis International Airport. An existing IHOP next door is slated for a remodel and reopening in 2025. This property is ideally suited for a national quick-service restaurant (QSR), freestanding retailer, or convenience store tenant. The asking price is $1,000,000. Contact for details.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0258
- Latitude
- 35.0199
