1351 Holmes Rd 1374 W Holmes 0 S Third St rd | Memphis, TN 38109
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1351 Holmes Rd 1374 W Holmes 0 S Third St rd
Memphis, TN 38109
Multi-Use Land US Hwy 61 Frontage - Memphis · Land For Sale · 25.20 AC
Investment Highlights
- High Traffic Counts!
- 13 acres zoned Mixed Use Commercial, 7.44 acres zoned Residential - 6 and 4.8 acres zoned Heavy Industrial
- Waterfront Property on Robco Lake.
- 2,100 ft (+/-) of frontage on US Highway 61 (Blues Highway).
- 1.25 miles from Tennessee/Mississippi state line.
Executive Summary
Three separate tracts, two of which are divided by W Holmes Rd. The third is 1,580 feet southwest of the others along US Hwy 61. The properties could be used in a multitude of ways including potential home lots on the 7.44-acre tract on the north side of W Holmes. Remainder could be used for self-storage, light industrial, billboards, or retail. Part of the property is waterfront on Robco Lake. There is 2,100 feet (+/-) of frontage on the highly traveled US Hwy 61 which is 4 lanes and is a main artery for travel between northwest Mississippi and Memphis, TN. Downtown Memphis is approximately 10 miles to the north. Tunica County, MS casinos are approximately 15 miles to the southwest.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 25.20 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 25.20 AC |
1 Lot Available
Lot
| Price | $499,000 | Lot Size | 25.20 AC |
| Price Per AC | $19,802 |
| Price | $499,000 |
| Price Per AC | $19,802 |
| Lot Size | 25.20 AC |
25.2+/- acres consisting of three separate tracts, two of which are divided by W Holmes Rd. The third is 1,580 feet southwest of the others along US Hwy 61. Part of the property is waterfront on Robco Lake.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $21,550 | Total Assessment | $21,550 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$21,550
Improvements Assessment
$0
Total Assessment
$21,550
zoning
| Zoning Code | Mixed Use Commercial |
| Mixed Use Commercial |
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