Property summary
This exceptional 0.583-acre commercial land parcel is situated at the highly visible corner of Estill Street and South Parkway West in Memphis, Tennessee. This prime location boasts a significant daily traffic count, making it ideal for a variety of commercial ventures. The property is zoned for commercial use, offering flexibility for development. Its strategic location near downtown Memphis, the airport, and major highways ensures easy accessibility for both local and interstate customers. Surrounded by residential areas, schools, and parks, the site benefits from a diverse and substantial potential customer base. The vacant lot is ready for immediate development, with existing utilities readily available on-site. This presents a unique opportunity to establish a business in a high-demand area with minimal competition. The asking price is $175,000. The property's APN is 035003 00001C. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving Memphis neighborhood. The property's location at a busy intersection offers unparalleled visibility and access, making it an attractive investment for entrepreneurs seeking a strategic location for their business. The absence of direct competition in the immediate vicinity further enhances the potential for success.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight