Memphis TN Singleton PkwyMemphis, TN 38128

For Sale
$600,000
Prime Memphis development land, RU-3 zoning.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 30.41-acre commercial land parcel presents a remarkable investment opportunity in Memphis, Tennessee. Strategically located at the highly visible intersection of Austin Peay Highway and Singleton Parkway, this property enjoys unparalleled visibility and accessibility. Its RU-3 (Residential Urban) zoning allows for a diverse range of development possibilities, from multi-family dwellings to single-family homes, catering to various housing needs and preferences. The site benefits from its proximity to major employers, including the new Amazon and Nike distribution centers (less than a 10-minute drive), and the future Ford Blue Oval City (less than an hour's drive), which will bring over 6,000 new jobs to the region. This location is also anchored by a robust commercial infrastructure, with a Walmart Supercenter, Kroger, Chick-fil-A, Wendy's, Walgreens, Regions Bank, and Firestone Automotive Center all within a quarter-mile radius. Furthermore, Methodist North Hospital and multiple medical offices are directly across Austin Peay Highway, ensuring a steady stream of potential residents and customers. City water, sewer, and electricity are readily available, simplifying the development process. The property's APN numbers are 08700600009, 08700600009, and 08700600002. This prime location offers exceptional potential for residential development in a thriving commercial area, promising significant returns on investment. The address is 0 Singleton Parkway, Memphis, TN 38128.

Highlights

  • $600,000 asking price for 30.41 acres of commercial land in Memphis, TN.
  • High-visibility corner lot at Austin Peay Highway and Singleton Parkway.
  • Directly across from Methodist North Hospital and medical offices.
  • RU-3 (Residential Urban) zoning.
  • Utilities (water, sewer, electricity) readily available.
  • Less than one hour to Ford's Blue Oval City and under 10 minutes to Amazon and Nike distribution centers.

Property Details for Memphis TN Singleton Pkwy

Property type
Land
Lot Size (sq. ft)
1,324,660 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.241279330833
Longitude
-89.894692758514
Memphis TN Singleton Pkwy, Memphis, Tennessee

FAQs

What type of property is this?
Land - Prime Memphis development land, RU-3 zoning.
Where is the land located?
The property is located at Memphis TN Singleton Pkwy 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: $600,000 asking price for 30.41 acres of commercial land in Memphis, TN.; High-visibility corner lot at Austin Peay Highway and Singleton Parkway.; Directly across from Methodist North Hospital and medical offices.
How can I contact the broker?
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Memphis TN Singleton Pkwy
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