Unlocking nearly 13 acres of high-visibility land, this premier development tract at 1351 W Holmes Rd is a standout opportunity in South Memphis. Boasting extensive road frontage along heavily traveled US Highway 61, this site is perfectly positioned to capture high traffic counts and offers unparalleled logistical advantages. The property is exceptionally versatile, featuring CMU-3 (Commercial Mixed-Use) zoning. This is one of the most flexible and intensive commercial classifications in the Memphis Unified Development Code, making it an ideal site for: Retail & Big Box: Large-scale commercial centers or specialized retail. Logistics & Distribution: Strategic location for "last-mile" delivery services. Mixed-Use Projects: Combining commercial services with residential or office components. Hospitality & Service: Ideal for high-traffic service stations, hotels, or medical facilities. Direct Highway Frontage: Massive visibility on US Highway 61 (Third Street), a primary artery for
Vacant landProperty Type
12.98 acresLot Size
$6,388Price/Acres
Listed by William Patton• National Land Realty, LLC
Bought with William Patton• National Land Realty, LLC
Memphis Area Association of Realtors(R) MLS #10212640
Apr 21, 2026
Sold
$100,000
Jan 9, 2026
Listed
$130,000
Public Records
Jan 23, 2013
Sold
$62,500
Year
Property tax
Land + Additions
Assessment*
2025
$721 (−18.3%)
$13,675
2024
$882 (+8.1%)
$13,675
2023
$816
$13,400
2022
$816 (−1.2%)
$13,400
2021
$826 (−14.9%)
$13,400
2020
$971
$13,400
2019
$971
$13,400
2018
$971 (+76.3%)
$13,400
2017
$551
$13,400
Tax history for 1351 W Holmes Rd
Year
Property tax
Land + Additions
Assessment*
2025
$721 (−18.3%)
$13,675
2024
$882 (+8.1%)
$13,675
2023
$816
$13,400
2022
$816 (−1.2%)
$13,400
2021
$826 (−14.9%)
$13,400
2020
$971
$13,400
2019
$971
$13,400
2018
$971 (+76.3%)
$13,400
2017
$551
$13,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
12.98 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Shelby County
APN
082071 00083
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
CMU-3
Commercial Mixed Use-3 District
The commercial mixed use districts are intended to accommodate retail, service and commercial uses and to ensure that commercial-zoned areas are compatible with the character of existing neighborhoods. While the districts primarily accommodate commercial uses, apartments and upper-story residential are allowed in order to promote live/work and mixed use opportunities. To provide for additional housing choice, single-family detached is permitted in the CMUdistricts. The CMU- districts are not intended to provide for areas exclusively dominated by any one particular use but provide for neighborhoods that successfully integrate several types of compatible uses together.; The CMU-3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations with direct access to arterials. Residential uses are allowed on the ground floor but upper-story units are encouraged. Typical uses in this district serve regional needs. The permitted uses are generally uses not of a neighborhood or general commercial type, but serve large areas of the City and County.
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Manufacturing
Mixed use
Office
Property details
Exterior
Land Information
Acreage: 12.98
Topographic Feature: Rolling, Wooded
Shape: Irregular
Road Frontage: Paved
Lot Information
Lot Size: 12.98
Area: 7651
Improvements: None
Zoning: CMU-3
Zoning Of Adjacent Area: Commercial, Single Family
Location: City
Legal: Recorded Subdivision
Property Information
Land
Financial
Tax Information
Annual City Tax: $565
Annual County Tax: $588
Utilities
Utility Information
Utilities: Electricity, Natural Gas, Public Sewer, Public Water
Location
Homeowners Association Information
Waterview
Location Details
Directions: Located on west side of US Hwy 61 at intersection with W Holmes Rd in Memphis, TN. Tract wraps around the tire shop on the corner. Tract is approximately 1.4 miles northeast of TN/MS state line on US Hwy 61
MAAR Subdivision Name: Coro Lake
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 12.98 acres
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Shelby County
APN: 082071 00083
Home facts updated by county records on Jul 14, 2026
Around this home
Schools
K - 12
Preschool & daycare
Double Tree Elementary School
Public PreK-5 • Assigned • 1.4mi
3/10
Chickasaw Junior High School
Public 6-8 • Assigned • 2.6mi
4/10
Westwood Middle/ High School
Public 9-12 • Assigned • 2.0mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 110° expected this year, 21 days in 30 years
4/10 Wind Factor
18% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38109
Average low and high temperatures (°F)
46
30
56
38
71
50
77
58
78
63
87
72
92
76
89
71
87
67
75
58
65
49
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.6 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.6 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$79,000 – $96,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2026. This data may not match public records. Learn more.