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5272 Elvis Presley Blvd 5.6 Acres of Commercial Land Offered at $315,000 in Memphis, TN 38116
INVESTMENT HIGHLIGHTS
- Located across the street from Walmart
- 371' Road Frontage on Elvis Presley
- Utilities are on the Land with Sewer connection at back of property
EXECUTIVE SUMMARY
Prime development opportunity! This 5.6-acre residential property (could potentially be rezoned commercial) sits directly across the street from Walmart on the high-traffic Elvis Presley Blvd, offering unmatched visibility and access. With 371' of road frontage and heavy daily traffic counts, this site is ideal for retail, service, or mixed-use development. Surrounded by retailers and local businesses, the location benefits from strong consumer draw and constant exposure. Don't miss your chance to invest in one of Memphis’ active commercial corridors!
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $315,000 | Lot Size | 5.60 AC |
| Price Per AC | $56,250.00 |
| Price | $315,000 |
| Price Per AC | $56,250.00 |
| Lot Size | 5.60 AC |
Level developed lot with some trees in back of the property. Previous home on the property has been demolished. Utilities are on the land. Septic system was used for home, but to tie into the MLGW Sewer, they are at the back of the property line.
DESCRIPTION
Level developed lot with some trees in back of the property. Previous home on the property has been demolished. Utilities are on the land. Septic system was used for home, but to tie into the MLGW Sewer, they are at the back of the property line.
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $30,825 | Total Assessment | $30,825 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$30,825
Improvements Assessment
$0
Total Assessment
$30,825
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5272 Elvis Presley Blvd
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