4610 Raleigh Lagrange Rd Memphis, TN 38128
- Commercial real estate
- 29.21 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4610 Raleigh Lagrange Rd
- Lot size
- 29.21 lot acres
- Property type
- Commercial real estate
Description
This exceptional 29.21-acre property presents a unique investment opportunity in Memphis, Tennessee. Strategically located at the southeast corner of Raleigh Lagrange Road and Hoover Drive, this land offers significant commercial and residential potential. The property is comprised of three distinct parcels, allowing for flexible development options. Parcel 1 encompasses 2.8 acres, ideally suited for commercial development, given its prime corner location and high visibility. The remaining acreage is divided into two residential parcels: Parcel 2, measuring 10.52 acres, and Parcel 3, spanning 15.89 acres. The seller is willing to divide the property, providing buyers with the flexibility to acquire the parcel size that best suits their needs. Raleigh Lagrange Road boasts a significant average annual daily traffic count of 26,315 vehicles, ensuring high exposure for any commercial venture. This property's location in Shelby County, with a Memphis address and 38128 zip code, offers easy access to major transportation routes and amenities. The coordinates are 35.200821 latitude and -89.911376 longitude. This is a rare opportunity to acquire a large tract of land with diverse development possibilities in a rapidly growing area. Don't miss this chance to capitalize on the potential of this prime Memphis location.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.911376
- Latitude
- 35.200821
