5239 US 61 HWY, Memphis, TN 38109

$1,700,000 Asking Price

Built in 1946

This property would be great for a Gas Station, Restaurant, Car Dealership, Shopping Center, Supermarket, Motel, Your Home, or much more. 10 minute drive to downtown, 10 minute drive to airport, and 2 minute drive to Mississippi. Tourist route where you can see a beautiful view of Coro Lake, and Robco Lake where there is plenty of fun and gambling clubs. Busy street with an estimate traffic count of 35,664 vehicles per day.

Features & Amenities

Interior

Rooms:
0
Flooring:
Other (See REMARKS)
A/C:
Other (See REMARKS)
Heating:
Other (See REMARKS)
Fireplace:
Fireplaces: 0

Exterior

General:
Other (See Remarks), Wrought Iron Security Drs
Style:
Traditional
Pool:
None
Parking:
Driveway/Pad, Parking spaces: 0

Construction

General:
1

Location

County:
Coro Lake

Lot

Zoning:
082052 00091

This listing courtesy of:
Crye-Leike, Inc., REALTORS

About Memphis, TN

Housing

Number of Units
296,697
Median Home Value
$154,311
Median Rent
$742

52.07% of housing units are renter occupied.

10.48% are vacant.

Commute

Car
82.14%
Public Transportation
1.16%
Walk to Work
1.09%
Work from Home
14.58%
Other
0.84%

The median travel time to work is 21 minutes.

People

Population
676,522
Median Age
35.70
Median Household Size
2.54

Education

High School
30.26%
Associate’s Degree
6.19%
Bachelor’s Degree
15.99%
Graduate Degree
11.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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