4066 New Getwell RdMemphis, TN 38118

  • Specialty properties
  • 4,148 SF
For Sale
$224,000 View listing

Property Details for 4066 New Getwell Rd

Year built
1974
Lot size
1.35 AC
Property size (Sq ft)
4,148 SF
Zone code
IH
Property type
Specialty properties
Property subtype
Other specialty properties
APN
073-036- - -00094
APU
7303600094

Description

This 1.35-acre parcel, located at 4066 New Getwell Road in Memphis, Tennessee (zip code 38118), is offered for sale at $224,000. The property is zoned IH and presents an excellent redevelopment opportunity. Situated in Shelby County, this land boasts a convenient location at the intersection of New Getwell Road and East Raines. Currently, an animal shelter facility occupies the site, adding potential value or redevelopment options for a buyer. The substantial lot size provides ample space for various industrial uses, aligning perfectly with the IH zoning designation. This property is ideal for investors or developers seeking a strategic location in a growing Memphis market. The precise coordinates are latitude 35.0376595 and longitude -89.9359612. Serious inquiries are encouraged to explore the potential of this versatile industrial land parcel. The asking price reflects the significant potential of this site given its size, zoning, and location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $684,092
    Hospitality
    $626,625
    Educational
    $521,344
    Medical
    $539,274
    Retail
    $810,980
4066 New Getwell Rd, Memphis, Tennessee

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0376
Longitude
-89.9357
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$7,203
$35,320
$82,920
$118,240
-
$88,300
$207,300
$295,600

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