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Shelby Oaks Drive - Shelby Oaks IOS Land 12.43 Acres of Commercial Land Offered at $1,575,000 in Memphis, TN 38134
Investment Highlights
- Strategic location between Summer Avenue and I-240, providing quick access to Interstate 40 and the Memphis metropolitan corridor.
- Excellent proximity to dining, hospitality, banking, and neighborhood services, supporting a wide range of potential uses.
- Positioned within Shelby Oaks Business Park, an award-winning development recognized by NAIOP for design and accessibility.
- Flexible development options including office, flex, or service-oriented facilities; Build-to-Suit opportunities available in the surrounding park.
Property Facts
1 Lot Available
Lot
| Price | $1,575,000 | Lot Size | 12.43 AC |
| Price Per AC | $126,709.57 |
| 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
| Parcel Number | 08-9001-0-0053 | Improvements Assessment | $6,181,700 |
| Land Assessment | $669,400 | Total Assessment | $6,851,100 |
Property Taxes
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Shelby Oaks Drive - Shelby Oaks IOS Land