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1351 Holmes Rd 1374 W Holmes 0 S Third St rd - Multi-Use Land US Hwy 61 Frontage - Memphis 25.2 Acres of Commercial Land Offered at $250,000 in Memphis, TN 38109

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INVESTMENT HIGHLIGHTS

  • High Traffic Counts!
  • 13 acres zoned Mixed Use Commercial, 7.44 acres zoned Residential - 6 and 4.8 acres zoned Heavy Industrial
  • Waterfront Property on Robco Lake.
  • 2,100 ft (+/-) of frontage on US Highway 61 (Blues Highway).
  • 1.25 miles from Tennessee/Mississippi state line.

EXECUTIVE SUMMARY

Three separate tracts, two of which are divided by W Holmes Rd. The third is 1,580 feet southwest of the others along US Hwy 61. The properties could be used in a multitude of ways including potential home lots on the 7.44-acre tract on the north side of W Holmes. Remainder could be used for self-storage, light industrial, billboards, or retail. Part of the property is waterfront on Robco Lake. There is 2,100 feet (+/-) of frontage on the highly traveled US Hwy 61 which is 4 lanes and is a main artery for travel between northwest Mississippi and Memphis, TN. Downtown Memphis is approximately 10 miles to the north. Tunica County, MS casinos are approximately 15 miles to the southwest.

PROPERTY FACTS

Price $250,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 25.20 AC
Zoning Mixed Use Commercial

1 LOT AVAILABLE

Lot

Price $250,000
Price Per AC $9,920.63
Lot Size 25.20 AC

25.2+/- acres consisting of three separate tracts, two of which are divided by W Holmes Rd. The third is 1,580 feet southwest of the others along US Hwy 61. Part of the property is waterfront on Robco Lake.

  • Listing ID: 31864889

  • Date on Market: 5/20/2024

  • Last Updated:

  • Address: 1351 Holmes Rd 1374 W Holmes 0 S Third St rd, Memphis, TN 38109

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