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3536 Raleigh Millington Rd
Memphis, TN 38128
Asking Price
$120K
Asset Type
Commercial Land
Class
Class B
What's Special
Strategic Commercial Land Opportunity Near Established Shopping Center <p><strong>Investment Highlights:</strong></p><p>• ±1.23 Acres – Commercial Vacant Land Ready for Development</p><p> • Prime Location Along Raleigh-Millington Rd with Strong Visibility</p><p> • Adjacent to Established Neighborhood Shopping Center Driving Daily Traffic</p><p> • Surrounded by Dense Residential Growth & Expanding Retail Corridor</p><p> • Flexible Zoning – Ideal for Retail, QSR, Coffee, Medical, or Office</p><p> • Potential for Drive-Thru Concept (Subject to Approval)</p><p> • Multi
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NOI
$80,000
Cap Rate
66.72%
DSCR
11.24
Strong
Cash-on-Cash
202.62%
Monthly Payment
$593.2
Annual Cash Flow
$72,881.603
