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0 Nec Stateline & RiverdaleMemphis, TN 38104

14.97 Acres, Multifamily Zoning, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 14.97-acre land parcel presents a remarkable opportunity for multifamily development in Memphis, Tennessee. Ideally situated at the intersection of Stateline and Riverdale Roads in Shelby County (zip code 38104), this property boasts a prime location on the edge of Olive Branch, offering convenient access to major amenities. The site is already permitted and entitled for multifamily construction, eliminating significant pre-development hurdles. With zoning specifically designated for multifamily use, this land is ready for immediate development. Preliminary plans indicate the potential to accommodate up to 212 residential units, making it an attractive proposition for large-scale residential projects. Its proximity to shopping centers and FedEx Ground further enhances its appeal, providing future residents with easy access to employment opportunities and daily conveniences. The sale price is negotiable, making this a highly flexible investment opportunity. This is a rare chance to acquire a fully permitted, ready-to-develop site in a rapidly growing area of Memphis. Don't miss this chance to capitalize on the strong demand for residential housing in this desirable location. Contact us today to learn more about this exceptional development opportunity.

Highlights

  • 14.97-acre developable pad site.
  • Price: Negotiable.
  • Potential for up to 212 multi-family units.
  • Olive Branch edge location.
  • Near shopping and FedEx Ground.
  • Multi-family zoning.

Property Details for 0 Nec Stateline & Riverdale

Property type
Land
Lot Size (sq. ft)
652,093 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1323787
Longitude
-90.004663
Nec Stateline & Riverdale, Memphis, Tennessee

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0 Nec Stateline & Riverdale
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