6050 Airline RdArlington, TN 38002

Property Details for 6050 Airline Rd

Year built

2008

Lot size

3.61 AC

Property size (Sq ft)

23,952 SF

Zone code

S-C

Property type

Retail properties

Property subtype

Strip malls

APN

A01-41P- -B-00003

APU

A0141PB00003

Description

This exceptional 0.8-acre commercial land parcel presents a unique investment opportunity in the thriving Arlington, Tennessee market. Situated at 6050 Airline Rd, Outparcel 1, this property offers significant potential for a variety of commercial developments. The lot's size provides ample space for construction, allowing for flexibility in design and functionality. Its location within Shelby County, Tennessee, and its proximity to major roadways ensures excellent visibility and accessibility for potential businesses. The address is specifically identified as Outparcel 1 within the Twin Oaks Center, suggesting a well-established and potentially desirable commercial area. The property is designated as commercial land, making it suitable for a wide range of uses, subject to local zoning regulations. The asking price is available upon request. This is a single lot offering a straightforward acquisition process for developers or investors seeking a strategic foothold in a growing market. Detailed site plans and zoning information are readily available to qualified buyers. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly developing area. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $5,073,122

  6.5%

  $4,682,882

  7%

  $4,348,390

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,705,591

  Geo Method

  $4,705,591

• Alternative Use

  Use

  Valuation

  Residential

  $3,950,186

  Hospitality

  $3,618,349

  Educational

  $3,010,424

  Medical

  $3,113,957

  Retail

  $4,682,882

Location Insight

City

Arlington

County

Shelby

State

Tennessee

Latitude

35.2915

Longitude

-89.6731

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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