3781 Austin Peay Hwy Memphis, TN 38128
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 3781 Austin Peay Hwy
- Property type
- Commercial real estate
Description
This exceptional 0.85-acre commercial land parcel presents a compelling investment opportunity in Memphis, Tennessee. Located at 3781 Austin Peay Highway, this property boasts high visibility and accessibility due to its strategic placement along a major thoroughfare. The site is zoned R-10, offering flexibility for a variety of commercial uses. Importantly, the land previously held approval for a self-storage facility development, providing a solid foundation for potential future projects. This pre-approved plan significantly reduces the time and effort typically associated with obtaining necessary permits and approvals. The property's location on Austin Peay Highway ensures substantial traffic exposure, with recorded daily traffic counts exceeding 27,000 vehicles. This high traffic volume translates to significant potential for attracting customers and maximizing business visibility. The asking price of $119,000 represents an attractive entry point into the Memphis commercial real estate market. This is a rare opportunity to acquire a well-situated, previously approved commercial lot in a high-traffic area, offering significant potential for future development and strong return on investment. The property is situated in Shelby County, Tennessee, with a zip code of 38128. Its precise coordinates are latitude 35.229304 and longitude -89.902581. This information is provided for your convenience in conducting due diligence.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.902581
- Latitude
- 35.229304
