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About This Home
This 0-bedroom, 0-bathroom commercial at 1374 W Holmes Rd in Memphis, TN is listed for $119,000. on a 7.44 acres lot.
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!
Key Features
- 7.44 acre lot
Monthly Cost Estimate
$636/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1374 W Holmes Rd
Memphis, TN 38109
Property Details
Parking
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1374 W Holmes Rd is listed at $119,000. The estimated monthly payment is $516 based on 20% down at 6.5% interest.
Key features include: 7.44 acre lot.
This property is listed by Bill Patton and can be reached at 9014815938 or bill.patton@followupboss.me.
