1374 W Holmes Rd, Memphis, TN 38109

$119,000

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List Price
$119,000
MLS#
10212641
Property Type
Land
Lot Size
7
Status
ACTIVE

Property Description

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 Potential: Subdivision Opportunity: Preliminary analysis indicates the tract could be subdivided into 14 half-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 fro

Additional Information

Acres
7.44
Annual City Tax
214
Annual County Tax
223
Improvements
None
Legal Subdivision
Michael Alexander Prop
Location
City
Lot Size
7
Present Usage
None/Vacant
Shape
Regular
Subdivision
CORO LAKE
Subtype
Land
Utilities
Public Water, Electricity, Public Sewer, Natural Gas

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of National Land Realty, LLC.

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