This exceptional 30.4-acre commercial land parcel presents a remarkable opportunity for residential development in a high-traffic area of Memphis, Tennessee. Located at the bustling intersection of Austin Peay Highway and Singleton Parkway, this vacant land boasts unparalleled visibility and accessibility. The property sits directly across Austin Peay Highway from Methodist North Hospital and Encompass Health Rehab Hospital, ensuring a strong patient and employee base nearby. Furthermore, the site enjoys close proximity to a variety of retail establishments including a Walmart Supercenter, Kroger, Walgreens, a DaVita Dialysis Clinic, Firestone Automotive Center, a new Chick-fil-A, Wendy's, and several banks. This strategic location offers significant advantages for attracting residents. The property is zoned RU-3, allowing for diverse residential options such as multi-family dwellings, duplexes, and cottage homes. Convenient access to city water, sewer, and electricity is available along both major roadways bordering the property. While a new Ford plant is located approximately 33 miles away, this property's immediate location within a thriving Memphis community offers significant advantages for residential development. The asking price for this expansive tract is $600,000, and the lot size ranges from 10,000 to 50,000 square feet, with a total square footage of 1,324,660. This presents a unique opportunity to capitalize on the strong demand for residential properties in this rapidly growing area of Memphis. The property's address is 0 Singleton Parkway, Memphis, TN 38128.
Highlights
30.4-acre commercial land parcel in high-traffic Memphis location.
Exceptional visibility and accessibility at Austin Peay Hwy & Singleton Parkway.
Adjacent to Methodist North & Encompass Health Hospitals, plus numerous retail amenities.
RU-3 zoning allows for multi-family, duplex, and cottage home development.
City utilities readily available.
$600,000 asking price; lot sizes range from 10,000 to 50,000 sq ft (total 1,324,660 sq ft).
Property Details
for 0 Egypt C
Property type
Land
Square Feet
1,324,660 SF
Location Insight
City
Memphis
County
47157
State
Tennessee
Latitude
35.2552994
Longitude
-89.8928448
Nearby Similar for Sale
For Sale
$190,000
Memphis Manufacturing Land - 3+ Acres
Prime 3+ acre wooded lot, ideal for manufacturing. No city taxes.
Land - Prime 30.4-acre residential development site.
Where is the land located?
The property is located at Egypt C Memphis, TN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 30.4-acre commercial land parcel in high-traffic Memphis location.; Exceptional visibility and accessibility at Austin Peay Hwy & Singleton Parkway.; Adjacent to Methodist North & Encompass Health Hospitals, plus numerous retail amenities.
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Egypt C Memphis, TN 38128
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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0 Egypt C
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