5530 Raines RdMemphis, TN 38115

Property Details for 5530 Raines Rd

Lot size

0.84 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 0.839-acre commercial land parcel, located at 5530 E. Raines Rd, Memphis, TN 38115, presents a compelling investment opportunity. Zoned EMP (light industrial), this property boasts 136 feet of frontage on Raines Road, providing excellent visibility and accessibility. Its strategic location offers convenient proximity to major transportation arteries, including Highway 385 and the Mississippi state line, placing it within a thriving commercial corridor. Furthermore, its less than seven-mile distance from Memphis International Airport enhances its logistical appeal. The property's potential uses are diverse, making it suitable for a variety of commercial ventures. An adjacent parcel is also available for purchase, presenting the possibility of acquiring a larger contiguous land holding. The asking price for this prime commercial land is $150,000. This represents a significant opportunity to acquire a well-situated property in a rapidly developing area of Memphis. Serious inquiries are encouraged.

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.0355

Longitude

-89.879

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