Do Real Estate on the Go!
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Do Real Estate on the Go!
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$149,977
-- Bed
- -- Bath
2.95acres lot
5259 Stage Rd, Bartlett, TN 38134
$149,977
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Land
Built in -
$-- HOA
2.95 acres lot
$50,840/acre
Description
PRIME R-10 DEVELOPMENT OPPORTUNITY-2.96 Acres | 5259 Stage Road, Memphis, TN 38134 $227,000 | 6-12 potential Home Sites. Land cost per lot: $20,625 to $41,250 depending on density (6 to 12 homes) In a market where median home prices hit $353,900 and inventory sits at only 202 homes, can you afford to pass on land at these prices? Quick ROI scenario (10 homes): 10 homes × $350,000 = $3.5M gross Land + construction + infrastructure = ~$2.75M potential profit: $750K+ Blue Sky Communities just validated this market with their $162M Union Depot development nearby—337 flats, 161 single-family homes at ~$450K, and 70 townhouses at ~$300K. Institutional money chose this corridor...
Continue ReadingProperty Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
2.95 acres lot
Basement Area
- sqft
MLS Name
Memphis MLS (MAARMLS)
MLS Number
10208229
MLS Status
Active
Days on Market
150
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