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Investment Highlights

  • Call listing agent Steve Woodyard for more information 901-767-1998

Executive Summary

Property Description
14.48± Acre Residential Redevelopment Opportunity Serving Google's New Data Center
900–901 E. Barton Drive & 974 McCauley Drive | West Memphis, Arkansas
A rare opportunity to acquire 14.48± contiguous acres in West Memphis, Arkansas, formerly home to the 180-unit Mayfair I & II Apartments. The apartment communities were demolished years ago, creating a cleared redevelopment site ready for a new vision.

Strategically located just minutes from Downtown Memphis and Interstate 40/55, the property is positioned to benefit from the area's accelerating economic growth. Google's recently announced multi-billion-dollar AI data center in West Memphis is expected to create significant demand for workforce housing, apartments, temporary housing, and related commercial development.

Property Highlights
14.48± Acres
Former 180-unit apartment community
Commercial Zoning
Qualified Census Tract (QCT)
Excellent access to I-40, I-55, Downtown Memphis, and Memphis International Airport
Offered at approximately $53,500 per acre

Development Opportunities
Market-Rate Apartments
Workforce Housing
Affordable Housing
Build-to-Rent Single-Family Community
Townhomes
Manufactured Housing
Temporary Workforce Housing
Extended-Stay Hotel
Mixed-Use Development
The property's Commercial zoning provides significant redevelopment flexibility, supporting a variety of retail, office, service, institutional, lodging, and mixed-use projects. The current zoning also permits multifamily residential development, creating opportunities to redevelop the site as apartments or a mixed-use project, subject to site plan approval and applicable development standards.
?Large development sites of this size are increasingly difficult to find in the Memphis metropolitan area. With a proven history as a residential community, excellent transportation access, and the momentum created by major new investment in West Memphis, this property presents an outstanding opportunity for developers seeking to capitalize on one of the Mid-South's fastest-growing markets.

Data Room Click Here to Access

Property Facts

Price $1,090,425 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 14.48 AC
Zoning Commercial

1 Lot Available

Lot

Price $1,090,425 CAD
Price Per AC $75,305.59 CAD
Lot Size 14.48 AC

These two parcels are adjacent to each other and used to house 180 residential units known as Mayfair I & II.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 23655375

  • Date on Market: 2021-07-12

  • Last Updated:

  • Address: 974 McCauley, West Memphis, AR 72301

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