30.4 Acres of Commercial Land for Sale in Memphis, Tennessee

This prime 30.4-acre plot sits at the bustling junction of Austin Peay Hwy and Singleton Pkwy. Positioned across from notable health institutions such as Methodist North Hospital and Encompass Rehab Hospital, this tract is prominently anchored in a hub of commercial activity. Its proximity to an array of essential and convenience-serving establishments is exemplary; a Wal-Mart Supercenter, Kroger grocery store, and Walgreens are just a stone's throw away. In addition, this location benefits from supplementary services like the DaVita Dialysis Clinic, Firestone Automotive Center, a new Chick-fil-A, and Wendy's, not to mention the financial services provided by several surrounding banks. Zoned RU-3, the property boasts versatile residential potential. It offers a wealth of development opportunities from multi-family to duplexes or cottage homes, inviting a plethora of design and architecture possibilities that can cater to varying housing needs and preferences. Essential utilities such as city water, sewer, and electricity are conveniently accessible along the two major roads that frame the parcel. Strategically located, this plot stands a mere 33 miles southwest of Ford Motor Company's Blue Oval City in Stanton, Tennessee, an ambitious and significant new manufacturing campus, set to further stimulate the region's economy. This tract offers an exceptional opportunity for visionary development, nestling in a pivotal position that promises thriving residential opportunities amid a region of commercial growth and economic expansion.