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Property profile & analytics
OFF-MARKET
Commercial real estate

1226 Margaret Rd Memphis, TN 38109

Entity Owned 5-yr Hold
Property ID
US80-3119842
Property summary
AI-generated overview

This exceptional 20,037.6 square foot lot, located at 1226 Margaret Road in Memphis, Tennessee, presents a unique opportunity for both commercial and residential development. Situated in Shelby County, zip code 38109, this nearly half-acre parcel offers significant potential. The property's expansive size allows for a variety of development options, catering to diverse needs. Its prime location in Memphis provides easy access to the city's amenities and infrastructure. The asking price is $9,900. This is an excellent investment opportunity for those seeking to build a new home or construct a commercial venture. The property's versatility makes it an attractive proposition for a wide range of buyers. With its substantial size and strategic location, this lot is poised for significant appreciation. Don't miss this chance to acquire a valuable piece of Memphis real estate. The latitude and longitude coordinates are 35.0086632 and -90.1051107 respectively. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
UPID US80-3119842
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
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Owner & transaction history
First Premier Properties LLC · 5 yrs held
First Premier Properties LLC
since 2021
3 recorded transactions
2021
Price N/A
2021
$22,000
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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