8900 Winchester Rd Memphis, TN 38125
- Commercial real estate
- 5.40 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 8900 Winchester Rd
- Lot size
- 5.40 lot acres
- Property type
- Commercial real estate
- APN
- D0242 00383
Description
This exceptional 5.4-acre commercial land parcel, identified by APN D0242 00383, is strategically located in Memphis, Tennessee, at 8900 Winchester Road, zip code 38125. The property boasts high visibility due to its proximity to the intersection of Winchester Road (27,193 vehicles per day) and Forest Hill Irene Road (19,271 vehicles per day), ensuring significant exposure for any development. Priced at $670,000, this site presents a compelling investment opportunity. Site work has already been approved for the construction of a 15,000 square foot office or retail center, streamlining the development process and reducing potential delays. The location offers unparalleled convenience and accessibility, placing the property in close proximity to the FedEx World Headquarters, employing 3,200 individuals, and TPC Southwind, the prestigious venue for the annual FESJC PGA Tournament. This advantageous location provides access to a substantial workforce and a high-traffic area, making it an attractive proposition for businesses seeking a prominent presence in the Memphis market. The property's size and strategic location make it suitable for a variety of commercial developments, offering significant potential for future growth and return on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.7678019
- Latitude
- 35.0478328
