Shelby Drive & Hack's Cross Land

Vacant Land for Sale
Catylist Listing ID: 30335607
Property Subtypes: Agricultural, Retail, Retail-Pad, Self Storage
Gross Land Area: 22.87 Acres
Sale Price: $2,490,537
Unit Price: $108,899 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/25/2018

Overview / Comments

22.87 parcel of land, located at the southeast corner of Shelby Drive and Hacks Cross Road, for sale.

Property is bordered by Walgreens at the corner and a multi-tenant retail building with Auto-Zone as tenant along Shelby Drive. Property is across the street from Southwind High School and several other businesses.

Property is part of the Greens at Irene overlay, which is CMU2 zoning and allows for multiple retail uses, including restaurants, storage and more. Please see the attached document with restrictions on usage for this parcel. Please also see the attached Covenants and Easements restrictions for parcel.

Owners may be willing to subdivide and will price smaller parcels accordingly.

Entire parcel is priced at $2.50/square foot.

Additional Details

Nearest MSA: Memphis
County: Shelby
Taxing Authority: Memphis
Tax ID/APN: D025600363
Zoning: CMU2
Property Visibility: Good
Largest Nearby Street: Shelby Drive

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,538 71,639 174,002
Median Age: 34 33.77 35.59
Households: 4,822 26,882 64,624


Photograph of Listing Agent

Cathy Anderson

Crye-Leike Commercial
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