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Property Facts

Price $1,575,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Parking Lot
Total Lot Size 12.43 AC
Cross Streets Shelby Oaks & Summer
Zoning EMP - EMP Zoning allows for IOS (industrial outdoor storage).

1 Lot Available

Lot

Price $1,575,000
Price Per AC $126,709.57
Lot Size 12.43 AC

One parcel is a total of 3.48 acres and has ~275' front feet on Shelby Oaks Drive. One parcel is a total of 8.95 acres is ideal for IOS, truck & trailer park, heavy construction materials, etc.

Description

Rare opportunity to buy or lease an IOS site at Summer Avenue and Shelby Oaks. Bordered on the south by I-240, this 12.43 acre site consists of two parcels. One 3.48 acre parcel is fully fenced, has roughly 80,000 square feet +/- of parking area and has approximately 275’ front feet on Shelby Oaks Drive. The second parcel containing approximately 8.95 acres is ideal for IOS and can be used for anything from truck and trailer parking to a lay down yard for asphalt millings, construction material, stone and gravel, etc. Ideal for a heavy construction drop site and perfect for any civil or general construction firm or transportation company looking for storage and/or parking. Incredibly rare to find a site of this size in the middle of Memphis and Shelby County with immediate access to the Interstate.

Property Taxes

Property Taxes

Parcel Number
08-9001-0-0053
Land Assessment
$669,400
Improvements Assessment
$6,181,700
Total Assessment
$6,851,100
  • Listing ID: 34582639

  • Date on Market: 1/23/2025

  • Last Updated:

  • Address: Shelby Oaks Drive, Memphis, TN 38134

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