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4085 Thomas StMemphis, TN 38127

Highway 51 Corner Lot, Ground Lease Available

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.6-acre commercial land parcel presents a unique investment opportunity in the thriving North Memphis submarket. Strategically located on Highway 51 at the busy intersection of North Watkins Street, this property offers unparalleled visibility and accessibility. The lot is a secure corner parcel within a larger mini-storage facility, providing an added layer of security and the option of supplemental indoor storage if needed. Zoned CMU-III, the property is suitable for a wide range of commercial uses, including outdoor storage, landscaping or construction equipment yards, parking lots, or new commercial development. The versatility of this site is further enhanced by its adaptability; it can be fenced, subdivided, and secured to meet specific tenant requirements. Ground preparation options include paving, graveling, or a combination of both to accommodate diverse needs. The property boasts a private gated entrance and is well-lit for enhanced security. This prime location, coupled with its flexible zoning and adaptable features, makes this 1.6-acre parcel an ideal investment for discerning buyers seeking a high-impact commercial property in a rapidly growing area. Don't miss this chance to acquire a highly visible and versatile commercial land parcel in a prime North Memphis location.

Highlights

  • 1.6-acre commercial land parcel available for ground lease in North Memphis.
  • High-visibility location on Highway 51 at the intersection of North Watkins Street.
  • Secure corner lot within a larger mini-storage facility with additional storage units available.
  • CMU-III zoning allows for various uses, including outdoor storage, equipment yards, parking, and commercial development.
  • Flexible site improvements: fencing, subdivision, paving, and gravel options available to suit tenant needs.
  • Property features a private gated entrance and nighttime lighting.

Property Details for 4085 Thomas St

Property type
Land
RSF (Rentable sq. ft)
69,696 SF

Unit(s) available at that property

Space
Size
69,696 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.236768280524
Longitude
-90.013707054944
4085 Thomas St, Memphis, Tennessee

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4085 Thomas St
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