Grand Point Realty is pleased to exclusively present 5298 Egypt Central Road, a premier commercial development opportunity located at the signalized intersection of Austin Peay Highway and Egypt Central Road in northeast Memphis. The property consists of approximately 13.61 acres and offers a unique opportunity for developers, investors, owner-users, and national retailers seeking a strategically located commercial site with significant entitlement work already completed. One of the property's greatest advantages is its Commercial Planned Unit Development (PUD) approval, granted on December 22, 2023, substantially reducing development risk and shortening the entitlement timeline compared to traditional raw land acquisitions. The site is configured into two development areas: • Lot 1: ±2.03 acres positioned directly on the signalized corner, offering exceptional visibility and frontage suitable for retail, restaurant, financial institution, convenience retail, or other high-profile commercial uses. • Lot 2: ±11.58 acres located immediately behind the corner tract, providing ample space for larger commercial developments, medical office campuses, mixed-use concepts, office buildings, service retail, or phased development. The flexibility of the site's configuration allows developers to pursue multiple strategies, including: • Single-user development • Multi-tenant retail center • Medical office campus • Mixed commercial development • Phased construction • Pad site sales • Owner-user development Located along Austin Peay Highway, one of northeast Shelby County's primary transportation corridors, the property enjoys excellent visibility and accessibility from both Austin Peay Highway and Egypt Central Road.