533 S Mendenhall Rd - Commercial LAND FOR SALE


Memphis, TN 38117- White Station127,195 SF
$4,500,000 USD
901-842-5322
533 S Mendenhall Rd, Memphis, TN for Sale
$4,500,000 USD
Commercial LAND - FOR SALE
1/7
127,195 SF

533 S Mendenhall Rd
Memphis, TN 38117
White Station


OVERVIEW

For vision-driven developers: rare chance to seize a premier site during a window of reduced competition. ?Sellers are motivated and pricing is negotiable. INVESTMENT HIGHLIGHTS Prime East Memphis Location with unparalleled access to one of Memphis’ most vibrant and economically viable corridors, a dense cluster of Class A office space, retail and affluent neighborhoods. Frontage on S Mendenhall near Poplar Avenue Traffic Counts (AADT): Mendenhall Rd – 20,152 ; Poplar Ave—45,761 AVG HH Income: $164,000 AVG Home Value: $481,000 Opportunity to Subdivide—Part of a larger 3.7 acre parcel. Century old legacy church will retain its building with adequate parking—offering 2.92 acres for sale. Site Characteristics—Utilities on site. Partially cleared with tree canopy on perimeter and largely level topography. Flexible Zoning—R-10 and CMU-1 zoning allows for varying uses, including build-for-sale single-family residential, boutique townhomes, luxury multifamily or mixed-use among others. DISCLAIMER No warranty or representation, either express or implied, is made to the accuracy of the information contained herein. It is further subject to correction, modification, or withdrawal without further notice. No representation is made as to the condition of the property presented.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/ACRE

$1,541,098/AC

PRICE/SF

$35 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

2.92 ac East Memphis infill development site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

2.92 AC

LAND SF

127,195 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Lea HeiligWoodyard Realty CorporationMore Info
901-842-5322

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Lea HeiligWoodyard Realty CorporationMore Info
901-842-5322

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.