5221 Chester StArlington, TN 38002

For Sale
$3,940,940
117 Acres, Prime Location, Memphis Area

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 117.64-acre residential development tract is situated in Arlington, Tennessee, just off I-40, offering unparalleled convenience and access to Memphis. Priced at $3,940,940 ($33,500/acre), this property presents a significant opportunity. Currently enrolled in the Tennessee Greenbelt tax savings program, it boasts all public utilities and merchantable timber. A sewer installation is underway, streamlining development. This is one of the largest remaining tracts in Arlington, and the seller is willing to subdivide. The property's APN is A0152 00066. All due diligence has been completed, facilitating a rapid project commencement. This is one of three available tracts totaling up to 289.2 acres, providing potential for large-scale development. The property is zoned for residential use (Res) and is located at 5221 Chester St, Arlington, TN 38002.

Highlights

  • 289.2 contiguous acres available for residential development.
  • I-40 frontage with close proximity to Memphis.
  • Municipal sewer installation underway on-site.
  • One of the largest undeveloped tracts near Memphis.
  • Due diligence complete; ready for immediate development.

Property Details for 5221 Chester St

Property type
Land
Lot Size (sq. ft)
5,124,398 SF

Location Insight

City
Arlington
County
Shelby
State
Tennessee
Latitude
35.2650099
Longitude
-89.652524
5221 Chester St, Arlington, Tennessee

FAQs

What type of property is this?
Land - 117 Acres, Prime Location, Memphis Area
Where is the land located?
The property is located at 5221 Chester St Arlington, TN.
What is the asking price?
The asking price for this property is $3,940,940.
What are key features of this property?
This property features: 289.2 contiguous acres available for residential development.; I-40 frontage with close proximity to Memphis.; Municipal sewer installation underway on-site.
How can I contact the broker?
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5221 Chester St
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