For Sale
$450,000

2320 Frayser BlvdMemphis, TN 38127

High-traffic Memphis land, QSR potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents two adjacent corner lots ideally situated at the intersection of Frayser Boulevard and Ardmore in Memphis, Tennessee, zip code 38127. The properties, totaling 1.14 acres, are offered as a package deal for $450,000, or individually. Lot 2320 Frayser Boulevard encompasses 0.81 acres and is priced at $250,000, while Lot 2330 Frayser Boulevard comprises 0.33 acres and is listed at $200,000. Both parcels are zoned CMU-1, making them perfectly suited for quick-service restaurant (QSR) redevelopment. This prime location boasts impressive daily traffic counts of 15,323 vehicles, ensuring high visibility and accessibility for any commercial venture. The dense demographics of the surrounding area further enhance the investment potential, promising a strong customer base. This is a rare chance to acquire strategically positioned land in a thriving Memphis neighborhood, ready for immediate development. The properties are located in Shelby County and offer significant upside for the discerning investor seeking a high-return opportunity in a rapidly growing market. Detailed site plans and zoning information are available upon request.

Highlights

  • High daily traffic count of 15,323 vehicles.
  • CMU-1 zoning in a densely populated area.
  • Excellent redevelopment opportunity for a quick-service restaurant (QSR).

Property Details for 2320 Frayser Blvd

Property type
Land

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.2173576
Longitude
-89.9862096
2320 Frayser Blvd, Memphis, Tennessee

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2320 Frayser Blvd
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