Suburban Memphis Residential Development Site

Vacant Land for Sale
Catylist Listing ID: 30136229
Property Subtypes: Residential (Single Family)
Gross Land Area: 11.04 Acres
Sale Price: $379,000
Unit Price: $34,329 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2017

Overview / Comments

CRYE-LEIKE COMMERCIAL is pleased to present a new potential residential development opportunity. Supply is low, demand is high and this neighorhood is growing rapidly. All neighborhood amenities and dining within 1/2 mile including Kroger, Autozone, McDonalds, Zaxbys, Burger King, Subway, Starbucks and Dollar General. Two large private schools located within 2 miles to the south, Briarcrest Christian School and St. George's Independent School. Property is surrounded by residential however the subject is zoned agricultural CA.

Located on the west side of Houston Levee just north of Walnut Grove.

Additional Details

Nearest MSA: Memphis
County: Shelby
Property Visibility: Excellent

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 39,824 124,326
Median Age: 37.39 38.42
Households: 14,506 47,948
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