Land/ Commercial Property For Sale 32+ Acres

Features & Details

• Amount ofacres: 32+Acres of raw land
• Property Type: Vacant Land. Mostly Wooded. Hard Signalized Corner

Commercial Area Features

Strategic Location

The property at 3260 E Holmes Rd, Memphis, TN 38118 offers exceptional commercial potential:

• Expansive Lot: Situated on a substantial 25.31-acre parcel, providing ample space for development
• Accessibility: Located on E Holmes Rd, a major thoroughfare in Memphis, ensuring high visibility and easy access.
• Proximity to Key Areas: Positioned in the Parkway Village-Oakhaven neighborhood, known for its diverse mix of residential and commercial properties

Development Potential

• Versatile Zoning: The property’s size and location make it suitable for various commercial applications, from retail to industrial use.
• Mixed-Use Opportunity: The area supports blended developments, allowing for creative use of the space

Economic Factors

• Growing Market: Memphis is experiencing steady commercial growth, making this an attractive investment opportunity.
• Industrial Hub: Proximity to major industrial developments, such as the nearby 922,500 SF industrial space at 4155 E Holmes Rd, indicates strong commercial activity in the area

Area Amenities

• Diverse Neighborhood: The Parkway Village-Oakhaven area offers a mix of residential and commercial properties, providing a built-in customer base for potential businesses
• Educational Institutions: Nearby schools like Treadwell Elementary add to the area’s community appeal

Investment Value

• Proven Market: The property’s last sale in 2018 for $500,000 demonstrates the area’s investment potential
• Future Growth: As part of Memphis’s evolving commercial landscape, this location is poised for appreciation and development.

This TeamPRIME listing at 3260 E Holmes Rd, Memphis TN, represents a significant opportunity for commercial development in a strategically located area of Memphis, offering expansive space and versatile potential for investors and developers.

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