Excellent retail opportunity with an approved convenience store site. The property has previously received approval for a convenience store; however, the new owner will need to reapply for approval. Prime location adjacent to State Farm and just minutes from the Hwy 40/Canada Road interchange, offering excellent visibility, easy access, and strong traffic exposure. An outstanding opportunity for retail or convenience store development.
Vacant landProperty Type
0.92 acresLot Size
$815,217Price/Acres
Listed by Nataraja Krishnaraju• Crye-Leike, Inc., REALTORS
Memphis Area Association of Realtors(R) MLS #10226358
Jul 17, 2026
Listed
$750,000
Memphis Area Association of Realtors(R) MLS #2
Nov 26, 2025
Price Changed
$700,000
Nov 23, 2025
Price Changed
$725,000
Nov 4, 2025
Price Changed
$744,900
Aug 24, 2025
Price Changed
$749,000
Memphis Area Association of Realtors(R) MLS #1
Feb 8, 2024
Price Changed
$750,000
Dec 25, 2023
Price Changed
$600,000
Public Records
Jun 17, 2013
Sold
$229,900
Public Records
Dec 1, 1998
Sold
$1,700,000
Year
Property tax
Land + Additions
Assessment*
2025
$2,334 (−20.6%)
$86,760
2024
$2,941
$86,760
2023
$2,941
$86,760
2022
$2,941 (−1.7%)
$86,760
2021
$2,993 (−14.8%)
$86,760
2020
$3,514
$86,760
2019
$3,514 (−23.6%)
$86,760
2018
$4,598 (−1.1%)
$86,760
2017
$4,650
$86,760
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.92 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Shelby County
APN
L0159 00459
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 16, 2026.
C-2
Regional Commercial District
The Regional Commercial District is a large-scale commercial district designed to serve the greater community and adjacent communities. Of the 2 commercial districts, it allows the widest range of Uses. This district shall be served by all municipal services (public water and sewer).
Permitted uses
Include but are not limited to:
Day care facility
General retail
Housing-Senior
Bed & breakfast
Educational/school
Library
Museum / gallery
Post office
Veterinary clinic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
13% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Arlington, TN • 38002
Average low and high temperatures (°F)
48
27
57
35
72
48
78
55
80
61
89
70
94
74
90
68
85
64
78
52
66
46
55
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 23% for direct sun exposure in Arlington. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 0 Canada Rd
$680,013
$70K under list price of $750K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $385K to $810K.