J Hunter Realty
Stacy Hobson, MBA
901-483-0412901-483-0412

5121 MALONE RD, Memphis, TN 38118 (MLS # 9986843)

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PRICE $550,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE 38.78 ac

GREAT OPPORTUNITY - 38.78 ACRES+- AT NW CORNER OF MALONE AND HOLMES ROAD NEAR US HWY 78 & SR-175/SHELBY DRIVE ZONED CA, BUT WILL GO COMMERCIAL/INDUSTRIAL. TRUCKING LINE AND WAREHOUSING, AND WITHIN 3 MILES OF BURLINGTON NORTHERN SANTA FE INTERMODAL, CLOSE TO FED-EX HUB, AIRPORT AND AT MS LINE. PRIME DISTRIBUTION LOCATION FOR COMMERCIAL AND INDUSTRIAL BUSINESS. TIMBER INCLUDED WITH LAND SALE AS-IS.

DAYS ON MARKET 1,151 LAST UPDATED 9/24/2019
TRACT None COMMUNITY 774A
COUNTY Shelby STATUS Active
PROPERTY TYPE(S) Land

PRICE HISTORY
Prior to Sep 1, '17 $1,750,000
Sep 1, '17 - Oct 9, '17 $999,900
Oct 9, '17 - Feb 22, '18 $550,000
Feb 22, '18 - Feb 22, '18 $575,000
Feb 22, '18 - Today $550,000


ADDITIONAL DETAILS
CLASS Land
IMPROVEMENTS Other (See REMARKS)
LEGAL No Known Subdivision
LISTING TYPE Exclusive Right to Sell
LOCATION Corner
MISCELLANEOUS Merchantable Timber
MLS MAP # Capleville
NEW FINANCING Conventional
PRESENT USAGE None/Vacant
ROAD FRONTAGE Municipal, Paved
SALE OPTIONS Will Not Divide
SERVICE TYPE Full Service Listing
SHAPE Regular
STATUS Active
STREET DESIGNATION RD
TOPOGRAPHIC FEATURE Level, Rolling, Wooded
TYPE Land
USES OF ADJACENT AREA Commercial
UTILITIES Electricity, Natural Gas, Public Sewer, Public Water, Telephone
WARRANTY/POSS ADDENDUMS LA to Hold Earnest Money, Possession by Agreement
ZONING OF ADJACENT AREA Agriculture, Commercial, Industrial

ZESTIMATE
5121 MALONE RD, Memphis, TN

RENT ZESTIMATE
$900 / mo.  5121 MALONE RD, Memphis, TN

1 Car-Dependent



 
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Listed with BenchMark at Southwind, LLC
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