Lenox Park Lot 419 | 5.5+ Acres | I-240
5.04 Acres of Commercial Land | Online Auction Sale | Memphis, TN 38115
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
- Property Type
-
Land
Listing Contacts
Kevin Markwordt
Verified Profile
John Bell
Verified Profile
Bradley Fulkerson
Verified Profile
Emily Walper
Verified Profile
- Property Info
Property Overview
Transwestern’s Southeast Investment Sales Team and Ten-X are pleased to exclusively present the opportunity to acquire Lenox Park Lot 419 located in Memphis, Tennessee. This 5.036-acre land parcel zoned Commercial Mixed Use – 2 (CMU-2), is graded with utilities and is located within the prestigious Lenox Park office park. The parcel offers convenient accessibility to major Memphis thoroughfares, including Highway 385, Interstates 240, 40, and 55. Additionally, over 500,000 square feet of business users are within a 1-mile radius. Poplar Avenue, a premier retail/business corridor, is just a five-minute drive away, making it an ideal location for diverse commercial and residential development.
Listed by Bradley Fulkerson, Transwestern, TN License # 260854
Listed by Bradley Fulkerson, Transwestern, TN License # 260854
Property Details
- Property Subtype
- Commercial
Highlights
- Convenient accessibility to major Memphis thoroughfares, including Highway 385 and Interstates 240, 40 and 55.
- The lot's CMU-2 zoning is designed to encourage a diverse mix of uses, including retails, office, residential, and light industrial.
- Located within a master-planned office park, comprising seven institutional-quality, Class A office buildings in the 385 Corridor submarket.
- Ideally situated among dense neighborhoods with a population ± 212,000 individuals and an annual household income of $106,000 in a 5-mile radius.
- Close to retail, grocery, dining and 3-miles from the Poplar Avenue; home to the state's #4 visited lifestyle center, Saddle Creek.
Nearby Properties
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