For Sale
$499,000

1351 Holmes Rd 1374 W Holmes Rd S 3 StMemphis, TN 38109

High-traffic US Hwy 61 frontage, diverse zoning.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 25.2-acre commercial property boasts significant frontage on the heavily trafficked US Highway 61, a key artery connecting northwest Mississippi and Memphis, Tennessee. The land comprises three separate parcels: two adjacent tracts divided by West Holmes Road, and a third located approximately 1,580 feet southwest along US Hwy 61. Zoning offers diverse development potential. Thirteen acres are zoned Mixed Use Commercial, providing flexibility for various commercial ventures. An additional 7.44 acres are zoned Residential, suitable for potential home lots. Finally, 6 and 4.8 acres are zoned Heavy Industrial, opening opportunities for warehousing or light industrial uses. The property's strategic location offers unparalleled visibility and accessibility. Its proximity to the Tennessee/Mississippi state line (1.25 miles) and the Tunica County, MS casinos (approximately 15 miles southwest) further enhances its investment appeal. Adding to its unique features, a portion of the property enjoys waterfront access to Robco Lake. With approximately 2,100 feet of frontage on US Hwy 61, this property presents a rare opportunity for significant development and high return on investment. Downtown Memphis is conveniently located approximately 10 miles to the north. The property's three parcels offer a unique opportunity for a variety of development options, including self-storage, light industrial, billboards, or retail uses. The Assessor's Parcel Numbers (APN) are 08207100083, 08205200082, and 0827100085. The asking price is $499,000.

Highlights

  • High-traffic location.
  • 2,100+/- feet of frontage on US Highway 61.
  • 13 acres of mixed-use commercial, 7.44 acres of residential, and 4.8 acres of heavy industrial zoning.
  • Proximity to the Tennessee/Mississippi state line (1.25 miles).
  • Waterfront property on Robco Lake.

Property Details for 1351 Holmes Rd 1374 W Holmes Rd S 3 St

Property type
Land
Lot Size (sq. ft)
1,097,712 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.00577727964
Longitude
-90.112797868475
1351 Holmes Rd 1374 W Holmes Rd S 3 St, Memphis, Tennessee

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1351 Holmes Rd 1374 W Holmes Rd S 3 St
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