1374 W Holmes Rd, Memphis, TN 38109
sale
$119,000
|
Other
Courtesy Of National Land Realty, Memphis, TN
Development Opportunity: 7.44-Acre Residential Tract | 1374 W Holmes Rd, Memphis Unlock the potential of this shovel-ready 7.44-acre development site located in a high-demand pocket of Southwest Memphis. Zoned R-6 (Residential Single-Family - 6), this property is perfectly positioned for a residential infill project to address the city’s critical need for new housing stock. Development PotentialSubdivision Opportunity: Preliminary analysis indicates the tract could be subdivided into 21 1/3 acre lots, providing an ideal density for a new neighborhood community. R-6 Zoning Advantages: The Residential Single-Family - 6 classification allows for efficient lot layouts while maintaining the suburban character sought after by modern homebuyers. Infrastructure Ready: Speed up your development timeline with all public utilities available at the site, including electricity, water, sewer, and gas. Strategic Location:Prime Visibility: Situated at 1374 W Holmes Rd, offering excellent frontage and easy access to major transit corridors, including US Highway 61 and Interstate 55. Convenient Commutes: Residents will enjoy rapid access to the Memphis International Airport, the FedEx World Hub, and the downtown business district. Neighborhood Demand: Located in an established area of Southwest Memphis that is primed for revitalization and new construction. This is a rare opportunity for a developer or builder to secure a large, contiguous parcel with favorable zoning in a market hungry for inventory. Priced to move - bring all offers!
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Property Features
- Architecture Style: Other
- Building Units: 0
- MLSID: 11630114
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CENTURY 21 Patterson & Associates Real Estate Co.
p:
901-701-1064
1255 Lynnfield Rd; Suite 143
Memphis, TN 38119
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