5475 Elvis Presley Blvd Memphis, TN 38116
For Sale
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.