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Property profile & analytics
FOR SALE
Commercial land

5475 Elvis Presley Blvd Memphis, TN 38116

Entity Owned 5-yr Hold
Property ID
US80-0527417
5475 Elvis Presley Blvd, Memphis, TN 38116 For Sale
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5475 Elvis Presley Blvd, Memphis, TN 38116
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Property summary
AI-generated overview

Property Description Discover an exceptional investment opportunity in the vibrant Memphis area. This prime property, located in the Memphis area, offers a strategic location for prospective land and retail-pad investors. Boasting desirable features and potential, the property is primed for development, presenting an attractive canvas for retail endeavors. With its advantageous positioning and expansive potential, this property provides an enticing prospect for investors seeking a lucrative opportunity in the thriving Memphis market. Take advantage of this prime location and elevate your investment portfolio with this promising property offering unlimited potential for retail, multi-family, mixed-use, or industrial development. Sellers are willing to subdivide to accommodate multiple uses. Location Description Situated in the Whitehaven submarket, this nearly 100-acre parcel offers an exceptional opportunity for a diverse range of development possibilities. Located just minutes from DeSoto County, Memphis International Airport, and Interstate I-55, the property boasts an ideal location for retail, multifamily, mixed-use, and industrial ventures. Its strategic position provides convenient access to major transportation routes and key amenities, making it an attractive prospect for investors seeking a versatile and well-connected space. With its prime location and potential for multifaceted development, this property presents a compelling opportunity for a variety of uses. Sellers are willing to subdivide to accommodate multiple uses. Highlights - Prime location in the bustling Memphis area - Ample space for retail development - Ideal for land investment opportunities - High visibility along U.S. Highway 51 (Elvis Presley Blvd.) - Minutes from the Memphis International Airport. - Versatile potential for retail-pad development - Convenient access to major transportation routes - Strategic positioning for retail endeavors - Promising investment prospect in the Memphis market

Property profile
Verified
Property type Commercial land
UPID US80-0527417
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
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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
Blp Film Studios LLC · 5 yrs held
Blp Film Studios LLC
since 2021
4 recorded transactions
2021
$675,000
2021
$390,000
2017
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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