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980 June Rd 0.53 Acres of Commercial Land Offered at $750,000 in Memphis, TN 38119
Investment Highlights
- Just off Poplar Avenue in a strong East Memphis corridor
- Poplar Avenue: 46,298 VPD and I-240: 141,845 VPD
- Within one mile of I-240
Executive Summary
-Excellent access to Poplar Avenue, White Station Road, and I-240
-Positioned in a well-established East Memphis trade area
-Surrounded by strong retail, restaurant, hotel, and service users
-Area map on page 3 shows nearby names including Target, Marriott, Best Buy, PetSmart, Whole Foods, Kroger, McDonald’s, Newk’s, Trustmark Bank, Renasant Bank, Sonic, and Amoco
Property Facts
| Price | $750,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.53 AC |
| Property Type | Land |
| Price | $750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.53 AC |
1 Lot Available
Lot 21THRU23
| Price | $750,000 | Lot Size | 0.53 AC |
| Price Per AC | $1,415,094.34 |
| Price | $750,000 |
| Price Per AC | $1,415,094.34 |
| Lot Size | 0.53 AC |
DIMENSIONS: 150 X 162.5
Description
Positioned just off Poplar Avenue, the site benefits from excellent surrounding activity and a strong trade area. The flyer highlights traffic counts of approximately 46,298 vehicles per day on Poplar Avenue, 20,152 on White Station Road, and 141,845 on I-240, offering outstanding exposure and convenience for future development. Highlights -Rare East Memphis development opportunity -.53-acre site just off Poplar Avenue -Strong accessibility with quick access to I-240 -Excellent surrounding retail and commercial activity -High traffic counts and strong area demographics
Property Taxes
| Parcel Number | 05-6057-0-0030 | Improvements Assessment | $0 |
| Land Assessment | $170,760 | Total Assessment | $170,760 |
Property Taxes
Presented by
980 June Rd
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