6040 Winchester Rd Memphis, TN 38115
For Sale
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This exceptional 0.88-acre commercial lot, situated at 6040 Winchester Road in Memphis, Tennessee, presents a compelling investment opportunity. Located in Shelby County, zip code 38115, this property boasts a highly desirable location on one of Memphis' busiest thoroughfares, ensuring exceptional visibility and high traffic volume. Thousands of vehicles pass by daily, providing unparalleled exposure for any commercial venture. The property is zoned COMM, allowing for a diverse range of uses, including office space, single-tenant buildings, or mixed-use developments. The zoning flexibility makes this lot ideal for a variety of businesses, from retail establishments to car washes and more. This prime piece of land is priced below its tax appraisal, offering a significant advantage for a quick sale. The coordinates are 35.0504729 latitude and -89.861633 longitude. Don't miss this chance to acquire a highly visible and versatile commercial lot in a thriving Memphis location. The asking price is $68,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.