974 McCauley - Commercial LAND FOR SALE


West Memphis, AR 72301 630,749 SF
$775,000 USD
901-767-1998
974 McCauley, West Memphis, AR for Sale
$775,000 USD
Commercial LAND - FOR SALE
1/2
630,749 SF

974 McCauley
West Memphis, AR 72301


HIGHLIGHTS

  • Call listing agent Steve Woodyard for more information 901-767-1998

OVERVIEW

Property Description 14.48± Acre Residential Redevelopment Opportunity Serving Google's New Data Center 900–901 E. Barton Drive & 974 McCauley Drive | West Memphis, Arkansas A rare opportunity to acquire 14.48± contiguous acres in West Memphis, Arkansas, formerly home to the 180-unit Mayfair I & II Apartments. The apartment communities were demolished years ago, creating a cleared redevelopment site ready for a new vision. Strategically located just minutes from Downtown Memphis and Interstate 40/55, the property is positioned to benefit from the area's accelerating economic growth. Google's recently announced multi-billion-dollar AI data center in West Memphis is expected to create significant demand for workforce housing, apartments, temporary housing, and related commercial development. Property Highlights 14.48± Acres Former 180-unit apartment community Commercial Zoning Qualified Census Tract (QCT) Excellent access to I-40, I-55, Downtown Memphis, and Memphis International Airport Offered at approximately $53,500 per acre Development Opportunities Market-Rate Apartments Workforce Housing Affordable Housing Build-to-Rent Single-Family Community Townhomes Manufactured Housing Temporary Workforce Housing Extended-Stay Hotel Mixed-Use Development Current zoning allows: Single family, duplexes, or townhomes. Apartments would be favorably considered by the city as they are looking to add more multifamily development. The city is excited about the new Google development and will consider all uses other than heavy manufacturing. Non-zoning permitted uses would have to go to planning to get this use approved. Adjacent and to the north of the subject is new hotel development, residential to the west, commercial to the south and industrial warehouse to the east. Large development sites of this size are increasingly difficult to find in the Memphis metropolitan area. With a proven history as a residential community, excellent transportation access, and the momentum created by major new investment in West Memphis, this property presents an outstanding opportunity for developers seeking to capitalize on one of the Mid-South's fastest-growing markets.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/ACRE

$53,522/AC

PRICE/SF

$1 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Mayfair @ the Vertex

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Multi-Family

LAND ACRES

14.48 AC

LAND SF

630,749 SF

OFFSITE IMPROVEMENTS

-

ZONING

Commercial

APN/PARCEL ID

363-416-000000,363-417-000000

ASK ABOUT THIS PROPERTY

Steve WoodyardWoodyard Realty CorporationMore Info
901-767-1998

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Steve WoodyardWoodyard Realty CorporationMore Info
901-767-1998

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