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4085 Thomas St Memphis, TN 38127

Highway 51 Corner Lot, Ground Lease Available

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
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

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FAQs

What type of property is this?
Land - Highway 51 Corner Lot, Ground Lease Available
Where is the land located?
The property is located at 4085 Thomas St Memphis, TN.
What are key features of this property?
This property features: 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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Michael Greenberg
Michael Greenberg
Roger McLemore
Roger McLemore
Visit Broker Website

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Useful Information

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Thomas St
Memphis, TN 38127

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Thomas St
Memphis, TN 38127

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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.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

4085 Thomas St
  • Michael Greenberg
    Michael Greenberg
  • Roger McLemore
    Roger McLemore
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