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Property profile & analytics
OFF-MARKET
Commercial real estate

4151 Thomas St Memphis, TN 38127

3.05 ac lot
Property ID
US80-0692606
Property summary
AI-generated overview

This exceptional 3.049-acre commercial land parcel presents a compelling investment opportunity in Memphis, Tennessee. Located at 4151 Thomas Street, this property boasts significant road frontage on Highway 51 and Thomas Street, offering excellent visibility and accessibility. The lot is entirely level, featuring an existing parking lot and lay-down yard, ideal for various commercial uses. The property is fully fenced, providing security and defined boundaries. Its CMU-3 zoning allows for a range of commercial developments. Situated just five miles from the intersection of Interstates 240 and 40, this location offers convenient access to major transportation arteries, enhancing its appeal to a wide array of businesses. The property's size, location, and existing infrastructure make it an attractive option for businesses seeking a strategic presence in the Memphis market. The parcel is identified by APN D0145 00069 and is offered at an asking price of $210,000. This is a rare opportunity to acquire a well-situated commercial land parcel in a thriving area of Memphis.

Property profile
Verified
Property type Commercial real estate
Lot 3.05 ac (132,814 SF)
APN D0145 00069
UPID US80-0692606
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
Current use
Occupant on record · Public records
  • Portable Services of Tennessee, LLC Building Supply
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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