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3515 Hack Cross Rd 8 Acres of Commercial Land Offered at $1,350,000 in Memphis, TN 38125
INVESTMENT HIGHLIGHTS
- Prime location situated just off Hacks Cross Rd.
- Positioned near a multitude of hospitality /multifamily buildings promoting high foot traffic.
EXECUTIVE SUMMARY
Park Like Setting: 8 +/- acres in East Memphis, zoned R-15. Could be approved for OG, office general. Older home on the property, in disrepair. All utilities are connected. 1.5 +/- acre retention pond, professionally stocked with bass, bream, catfish. *We often see wild deer, wild turkey, wild rabbits, owls, geese, ducks, on the property. *modest shed, 2 stall barn, back lot was a horse corral. *older 4bedroom, 3bath home w/ pool in disrepair. Property is surrounded by commercial property: FedEx International, Regions Bank, Hampton by Hilton, Apple Grove Senior Living Adult Day Care, Medical Offices, upscale apartments, TPC Southwind Golf Course, Homewood Suites. Within a mile: Top Golf, Costco, Dick's, Wells Fargo, Kroger, Sam's Club, Lowe's, Walgreens, Circle K, Chase Bank, Olive Garden, Whataburger, Carmax, Toyota, Walmart Super Center.
PROPERTY FACTS
| Price | $1,350,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 8.00 AC |
| Property Type | Land | No. Stories | 2 |
| Zoning | R-15 - Residential Single Family | ||
| Price | $1,350,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 8.00 AC |
| No. Stories | 2 |
| Zoning | R-15 - Residential Single Family |
1 LOT AVAILABLE
Lot
| Price | $1,350,000 | Lot Size | 8.00 AC |
| Price Per AC | $168,750.00 |
| Price | $1,350,000 |
| Price Per AC | $168,750.00 |
| Lot Size | 8.00 AC |
Park Like Setting: Zoned R-15, 8 +/- acres, flat land, some trees, 1+/- ac pond, older home, barn, fenced, all utilities connected.
DESCRIPTION
Park like setting w/ 4 bedroom, 3 full bath, 2 car garage, 2 story home. Built in 1963. Home and swimming pool are in disrepair. 2 stable barn/shop in good condition. Lake is professionally stock with bass, bream, crappie. Trees, flat land with a modest grade towards the lake. Property is R15 but consultants suggest that the usuage might be best suited for OG.
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3515 Hack Cross Rd
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