57 Hwy 196 & Hwy Memphis, TN 38112
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Land
Property Details for 57 Hwy 196 & Hwy
- Lot size
- 26.55 lot acres
- Property type
- Land
Description
This exceptional 26.55-acre commercial land parcel presents a unique investment opportunity in Memphis, Tennessee. Strategically located at the northwest corner of State Route 57 and State Route 196 in Piperton, Shelby County, this property boasts significant frontage and visibility. The site offers approximately 1,245 feet of frontage along SR 57 and approximately 941 feet along SR 196, ensuring high traffic exposure for any development. The property's zoning is primarily designated for Mixed Use and Commercial purposes, aligning with the City of Piperton's Land Use Plan. A small portion is currently zoned Rural Conservation. The parcel is identified by Tax Map numbers 164 081.00 & 164 081.03. Importantly, a FEMA flood map (47047c0415c, 11/5/2008) confirms the area lies outside the 100-year flood zone, mitigating potential development risks. This prime location, combined with its substantial size and favorable zoning, makes this property ideal for a wide range of commercial ventures. The 38112 zip code provides easy access to Memphis' amenities and infrastructure. This is a rare opportunity to acquire a large, strategically positioned tract of land in a rapidly growing area.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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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
- -89.9673
- Latitude
- 35.1434
