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Cushman & Wakefield | Commercial Advisors
Cushman & Wakefield | Commercial Advisors
SharpLaunch
SharpLaunch
Property Details
- Property Type Other
- Date Updated May 24, 2026
Cushman & Wakefield is offering a prime investment opportunity with the sale of approximately 18.853 acres of land located on Austin Peay Highway in Memphis, Tennessee. This property features 1,855 feet of frontage along the highway, providing excellent visibility to the 23,170 vehicles that pass daily. The land is divided into two zoned areas: 14.218 acres zoned CMU-2 for commercial mixed-use and 4.635 acres zoned RU-3 for residential use, offering flexibility for various development opportunities. The site is strategically located less than a mile from Methodist North Hospital, enhancing its appeal for both commercial and residential projects. The surrounding area is densely populated, with over 80,000 residents within a 5-mile radius and an average household income of $89,269 within 3 miles, making it an attractive location for developers seeking to capitalize on a thriving market.
Reach out to the broker for more info on lease terms and amenities
Highlights
- 1,855 feet of frontage
- 14.218 acres Zoned CMU-2
- 4.635 acres Zoned RU-3
- Less than a mile from Methodist North Hospital (246 beds)
Getting around
-
17/100
Walk Score ®
-
22/100
Transit Score ®
-
24/100
Bike Score ®
Location
- City Memphis, TN
- Neighborhood Raleigh
- Zip Code 38135
- Market Memphis
Points of Interest
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BP
0.52 miles
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Shell
1.40 miles
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Citgo
1.46 miles
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Exxon
1.80 miles
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Valero
2.47 miles
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Marathon
2.48 miles
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ChargePoint
8.86 miles
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Woodland Discovery Park Parking
7.64 miles
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BAC Parking
7.88 miles
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Valet Lot
7.90 miles
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Outpatient Testing and Medical Plaza 3 Garage
7.99 miles
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Hospital Visitors and Medical Plaza 1 & 2 Garage
8.03 miles
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Employee Parking
8.03 miles
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Baptist Memorial Hospital for Women Garage
8.16 miles
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Memphis Zoo Parking
8.69 miles
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Deloach Parking Garage
8.74 miles
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Parkview Parking
9.13 miles
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Motel 6
3.17 miles
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Suburban Extended Stay Bartlett
4.81 miles
-
Deluxe Inn & Suites
5.08 miles
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Motel 6 Memphis Northeast
5.25 miles
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Baymont Memphis East
5.30 miles
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Comfort Inn & Suites
5.30 miles
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Red Roof Inn Memphis East
5.38 miles
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Americas Best Value Inn & Suites Memphis E
5.38 miles
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Gardentree Hotel
5.43 miles
-
Siegel Select Memphis
5.53 miles
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Walmart Supercenter
0.68 miles
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Kroger
0.79 miles
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ALDI
2.61 miles
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Walmart Neighborhood Market
2.61 miles
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Stage Centre
3.62 miles
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Barakat Middle Eastern Market
4.20 miles
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Target
5.88 miles
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The Market at Wolfcreek
6.06 miles
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Macy's
6.31 miles
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JCPenney
6.37 miles