4855 Egypt Central RdMemphis, TN 38128

This exceptional 18.853-acre property in Memphis, Tennessee, presents a remarkable investment opportunity. Situated on Austin Peay Highway, this land boasts 1,855+/- feet of highway frontage, ensuring exceptional visibility to the 23,170 vehicles that travel this busy thoroughfare daily. The property's strategic location offers unparalleled access and exposure. The zoning is a key advantage, with 14.218 acres designated CMU-2 (Commercial Mixed-Use) and 4.635 acres zoned RU-3 (Residential). This dual zoning allows for diverse development options, catering to a wide range of commercial and residential projects. Its proximity to Methodist North Hospital (less than a mile away, a 246-bed facility) further enhances its appeal. The surrounding area is densely populated, with over 80,000 residents within a 5-mile radius and an average household income exceeding $89,269 within a 3-mile radius. The property's APN is 087006 00004 & 087006 00008. This location offers developers the chance to capitalize on a thriving market and create a successful venture. The Shelby County location and 38128 zip code add to its desirability.