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0 Austin Peay Hwy - Covington Springs Shopping Center

1 Acre of Commercial Land Offered at £273,858 in Memphis, TN 38128

Executive Summary

A one acre lot with 190' of frontage very close to the New Covington Pike and Austin Peay intersection with WalMart and 246 bed Methodist North hospital being the immediate vicinity destination locations. Blue Oval City will continue to increase and drive traffic further north henceforward.

Property Facts

Price £273,858
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 1.00 AC

1 Lot Available

Lot

Price £273,858
Price Per AC £273,858
Lot Size 1.00 AC

A one acre lot with 190' of frontage close to the New Covington Pike and Austin Peay intersection with WalMart and 246 bed Methodist North hospital being the immediate vicinity destination locations.

Description

A one acre lot with 190' of frontage and 234'/349' depth by 150' of width at the back, very close to the New Covington Pike and Austin Peay intersection with WalMart and 246 bed Methodist North hospital being the immediate vicinity destination locations. Blue Oval City will continue to increase and drive traffic further north henceforward. Austin Peay Highway has been seeing a tremendous influx of new development since the $56M City of Memphis police precinct and library development and additional retailers have found favorable conditions for new construction.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-7004-0-0116C
Land Assessment
£426,028
Improvements Assessment
£1,140,217
Total Assessment
£1,566,246

zoning

Zoning Code Office (R-10)
Office (R-10)
  • Listing ID: 30541372

  • Date on Market: 05/01/2024

  • Last Updated:

  • Address: 0 Austin Peay Hwy, Memphis, TN 38128

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