8930 Freeman Oaks Cv, Memphis, TN 38018
This exceptional 3+ acre lot, located at 8930 Freeman Oaks Cv, Memphis, TN 38018, presents a unique opportunity for manufacturing development. Situated in a secluded Shelby County subdivision amongst high-end properties, this level, wooded lot boasts a stunning view and offers ample space for a substantial building and extensive landscaping. The property's desirable location provides easy access to essential utilities, including Memphis Light, Gas and Water (MLGW) services for water, gas, and electricity, along with city sewer access. A significant advantage is the absence of city taxes, representing considerable long-term savings. The expansive acreage allows for a long private driveway, ensuring privacy and ample room for a large-scale manufacturing facility. Lush greenery surrounds the property, creating a tranquil and attractive setting. This is a rare opportunity to acquire a sizable, well-located lot in a desirable area, perfect for building a new manufacturing facility. The asking price for this exceptional property is $190,000. Contact us today to learn more.
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
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Risks
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