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974 McCauley - Mayfair @ the Vertex 14.48 Acres of Commercial Land Offered at $775,000 in West Memphis, AR 72301
Investment Highlights
- Call listing agent Steve Woodyard for more information 901-767-1998
Executive Summary
Property Description
14.48± Acre Residential Redevelopment Opportunity Serving Google's New Data Center
900–901 E. Barton Drive & 974 McCauley Drive | West Memphis, Arkansas
A rare opportunity to acquire 14.48± contiguous acres in West Memphis, Arkansas, formerly home to the 180-unit Mayfair I & II Apartments. The apartment communities were demolished years ago, creating a cleared redevelopment site ready for a new vision.
Strategically located just minutes from Downtown Memphis and Interstate 40/55, the property is positioned to benefit from the area's accelerating economic growth. Google's recently announced multi-billion-dollar AI data center in West Memphis is expected to create significant demand for workforce housing, apartments, temporary housing, and related commercial development.
Property Highlights
14.48± Acres
Former 180-unit apartment community
Commercial Zoning
Qualified Census Tract (QCT)
Excellent access to I-40, I-55, Downtown Memphis, and Memphis International Airport
Offered at approximately $53,500 per acre
Development Opportunities
Market-Rate Apartments
Workforce Housing
Affordable Housing
Build-to-Rent Single-Family Community
Townhomes
Manufactured Housing
Temporary Workforce Housing
Extended-Stay Hotel
Mixed-Use Development
Current zoning allows: Single family, duplexes, or townhomes. Apartments would be favorably considered by the city as they are looking to add more multifamily development. The city is excited about the new Google development and will consider all uses other than heavy manufacturing. Non-zoning permitted uses would have to go to planning to get this use approved. Adjacent and to the north of the subject is new hotel development, residential to the west, commercial to the south and industrial warehouse to the east.
Large development sites of this size are increasingly difficult to find in the Memphis metropolitan area. With a proven history as a residential community, excellent transportation access, and the momentum created by major new investment in West Memphis, this property presents an outstanding opportunity for developers seeking to capitalize on one of the Mid-South's fastest-growing markets.
14.48± Acre Residential Redevelopment Opportunity Serving Google's New Data Center
900–901 E. Barton Drive & 974 McCauley Drive | West Memphis, Arkansas
A rare opportunity to acquire 14.48± contiguous acres in West Memphis, Arkansas, formerly home to the 180-unit Mayfair I & II Apartments. The apartment communities were demolished years ago, creating a cleared redevelopment site ready for a new vision.
Strategically located just minutes from Downtown Memphis and Interstate 40/55, the property is positioned to benefit from the area's accelerating economic growth. Google's recently announced multi-billion-dollar AI data center in West Memphis is expected to create significant demand for workforce housing, apartments, temporary housing, and related commercial development.
Property Highlights
14.48± Acres
Former 180-unit apartment community
Commercial Zoning
Qualified Census Tract (QCT)
Excellent access to I-40, I-55, Downtown Memphis, and Memphis International Airport
Offered at approximately $53,500 per acre
Development Opportunities
Market-Rate Apartments
Workforce Housing
Affordable Housing
Build-to-Rent Single-Family Community
Townhomes
Manufactured Housing
Temporary Workforce Housing
Extended-Stay Hotel
Mixed-Use Development
Current zoning allows: Single family, duplexes, or townhomes. Apartments would be favorably considered by the city as they are looking to add more multifamily development. The city is excited about the new Google development and will consider all uses other than heavy manufacturing. Non-zoning permitted uses would have to go to planning to get this use approved. Adjacent and to the north of the subject is new hotel development, residential to the west, commercial to the south and industrial warehouse to the east.
Large development sites of this size are increasingly difficult to find in the Memphis metropolitan area. With a proven history as a residential community, excellent transportation access, and the momentum created by major new investment in West Memphis, this property presents an outstanding opportunity for developers seeking to capitalize on one of the Mid-South's fastest-growing markets.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
1 Lot Available
Lot
| Price | $775,000 | Lot Size | 14.48 AC |
| Price Per AC | $53,522.10 |
| Price | $775,000 |
| Price Per AC | $53,522.10 |
| Lot Size | 14.48 AC |
These two parcels are adjacent to each other and used to house 180 residential units known as Mayfair I & II.
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
1 of 2
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974 McCauley - Mayfair @ the Vertex