1351 Holmes Rd, Memphis, TN 38109

Property Details for 1351 Holmes Rd

Lot size

25.20 lot acres

Property type

Commercial real estate

Description

This exceptional 25.2-acre property boasts a prime location in Memphis, Tennessee, offering unparalleled versatility for diverse development opportunities. Strategically situated along the highly trafficked four-lane US Highway 61, this land presents over 2,100 feet of road frontage, ensuring maximum visibility and accessibility. The property comprises three distinct tracts; two adjacent parcels separated by West Holmes Road, and a third, larger parcel approximately 1,580 feet southwest along US Highway 61. The northernmost 7.44-acre tract, situated north of West Holmes Road, presents potential for residential development, while the remaining acreage offers significant potential for a variety of uses, including self-storage facilities, light industrial projects, billboard advertising, or retail establishments. Adding to its appeal, a portion of this expansive land enjoys waterfront access to Robco Lake. The property's proximity to major transportation arteries and key destinations further enhances its value. Downtown Memphis is conveniently located approximately 10 miles to the north, while the Tunica County, Mississippi casinos are just 15 miles to the southwest. This unique offering presents a rare chance to acquire a substantial land parcel with exceptional visibility and diverse development potential in a thriving market. The address is 1351 W Holmes Rd, Memphis, TN 38109, in Shelby County. The asking price is $499,000.

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Longitude

-90.111032

Latitude

35.0044479