Shelby Dr Memphis, TN 38118

This exceptional 3.95-acre parcel of land presents a remarkable opportunity for residential development in Memphis, Tennessee. Located at 0 Shelby Drive, this property boasts a highly desirable RU-3 zoning designation, ideal for apartment construction. The expansive lot measures 315 feet along Shelby Drive and extends 547 feet in depth, providing ample space for a substantial project. Its strategic location offers convenient access to key transportation arteries, including proximity to Memphis International Airport and approximately 1.5 miles east of the I-55 Shelby Drive exit. The property is situated in Shelby County, Tennessee, with a zip code of 38118. This prime location offers developers significant advantages, including proximity to established infrastructure and a growing residential market. The asking price for this exceptional development opportunity is $199,000. Given the zoning and location, this land presents a compelling investment prospect for those seeking to capitalize on the Memphis real estate market's potential. The property's size and zoning make it suitable for a variety of multi-family residential projects. Serious inquiries are encouraged to explore the possibilities of this unique offering.