Land Development Opportunity
+/- 342 acres
POTENTIAL FOR 7 BUILDINGS • 4.282M TOTAL SF
HIGHLIGHTS
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Address: 5500 Victory Ln, Shelby County, TN 38053
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ACRES: +/- 342
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PROPOSED BUILDINGS:7
PROPOSED SF: 4.282M SF -
ZONING: I-H (Heavy Industrial)
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UTILITIES: To site
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RAIL: Rail is served
PROPERTY DESCRIPTION
Cushman & Wakefield | Commercial Advisors is pleased to offer the opportunity to acquire Memphis Speedway Industrial Park (the “Property”), approximately 342 acres of land located in north Shelby County, Tennessee. Formerly improved and operated as the Memphis International Raceway, the Property is strategically located in county’s northwest submarket. The property is zoned with all utilities to site. The Property has fluid highway connectivity via Highways 51, 385/I-269 and Interstate 40, allowing for quick access to Memphis city center and metro areas. Our preliminary site plan envisions up to seven (7) logistics assets totaling over four million square feet, with a variety of sizes and loading to meet the demands of small, medium and large occupiers.
Demolition, engineering, civil and construction pricing has been completed.