1300 Shelby Dr Memphis, TN 38116

This exceptional 0.8 to 1.2-acre outparcel presents a compelling investment opportunity in a thriving Memphis location. Situated at the highly visible stoplight entrance to Southland Mall on East Shelby Drive and Faronia Road, this property boasts exceptional visibility and accessibility. The CMU-2 zoning allows for a variety of mixed-use developments, perfectly complementing the existing strong retail presence. This prime location benefits from significant daily traffic counts, with East Shelby Drive registering 30,208 vehicles per day and Elvis Presley Boulevard recording 21,210 vehicles per day. The property is strategically positioned within the dynamic Whitehaven area, alongside established businesses such as Starbucks and AutoZone, with additional retailers like Guthrie's planned for the near future. This presents a unique chance to capitalize on the area's growth and establish a successful venture in a high-demand commercial zone. The asking price for this exceptional property is $1,000,000. This is an unparalleled opportunity to acquire a strategically located mixed-use parcel in a rapidly developing area of Memphis, Tennessee. The property's size, zoning, and location make it ideal for a variety of commercial uses. Don't miss this chance to secure a piece of Memphis's vibrant commercial landscape.