5045 Malone Rd, Memphis, TN 38118
FOR SALE64 ACRES

5045 Malone Rd
Memphis, TN 38118

Parkway Village-Oakhaven

      $2,000,000

      Original price: $2,240,000
      Est. Mortgage $12,156/mo*

      Local Information

      map showing home location
      © Google
      -- mins to
      Commute Destination

      Description

      64 Acre Tract Great for development of Industrial Site. Right next door to Memphis Oaks Logistics Center new development of 861,840SF for immediate leasing. Tons of Corporations nearby including Memphis Airport, UPS, FedEx, Smith & Nephew, and many more.

      Home Highlights

      Parking
      No Info
      Outdoor
      No Info
      A/C
      Contact Manager
      HOA
      No HOA Fee
      Price/Sqft
      No Info
      Listed
      180+ days ago

      Home Details for 5045 Malone Rd

      Interior Features

      Appliances & Utilities
      Utilities: None
      Gas & Electric
      No Electric on Property

      Exterior Features

      Frontage
      Road Surface Type: Paved
      Surface & Elevation
      Topography: Level, Wooded

      Days on Market

      Days on Market: 180+

      Property Information

      Property Type / Style
      Property Type: LandProperty Subtype: Unimproved Land
      Property Information
      Parcel Number: 094100 00312

      Price & Status

      Price
      List Price: $2,000,000
      Status Change & Dates
      Possession Timing: Close Of Escrow, Rental Agreement

      Active Status

      MLS Status: Active

      Location

      Direction & Address
      City: MemphisCommunity: Allen

      Agent Information

      Listing Agent
      Listing ID: 10094946

      Lot Information

      Lot Area: 64 Acres

      Offer

      Contingencies: No Contingency

      Compensation

      Buyer Agency Commission Type: %Sub Agency Commission Type: %Transaction Broker Commission: 2Transaction Broker Commission Type: %
      Notes
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

      Miscellaneous

      Mls Number: 10094946Living Area Range Units: Square Feet
      Last check for updates: about 8 hours ago
      Listing courtesy of Travis Patterson
      Patterson & Assoc. Real Estate, (901) 701-1064
      Source: MAAR, MLS#10094946

      Price History for 5045 Malone Rd

      DatePriceEventSource
      03/18/2024$2,000,000PriceChange
      MAAR #10094946
      04/21/2022$2,240,000PendingMAAR #10094946
      08/23/2021$2,240,000PriceChange
      MAAR #10094946
      09/18/2020$2,880,000Listed For SaleMAAR #10085217

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      Property Taxes and Assessment

      Year2023
      Tax
      Assessment$277,600
      Home facts updated by county records

      Comparable Sales for 5045 Malone Rd

      Address
      Distance
      Property Type
      Sold Price
      Sold Date
      Bed
      Bath
      Sqft
      1.08
      Lot/Land
      $8,000
      10/20/23
      -
      -
      1.73
      Lot/Land
      $13,000
      03/04/24
      -
      -
      2.00
      Lot/Land
      $53,000
      08/02/23
      -
      -
      2.08
      Lot/Land
      $11,500
      05/08/23
      -
      -
      2.09
      Lot/Land
      $11,500
      05/08/23
      -
      -
      2.09
      Lot/Land
      $11,500
      05/08/23
      -
      -
      2.10
      Lot/Land
      $11,500
      05/08/23
      -
      -
      2.10
      Lot/Land
      $11,500
      05/08/23
      -
      -
      2.10
      Lot/Land
      $11,500
      05/08/23
      -
      -

      Neighborhood Overview

      See Local Highlights
      Neighborhood stats provided by third party data sources.

      What Locals Say about Parkway Village-Oakhaven

      • Trulia User
        "there aren't many great or awesome things about this area, not much uniquenessbut if you reference the gun shooting and fast cars on my street, it's still not unique. I don't like it here. I grew up in this city."
        0
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      • Trulia User
        "it has its good and bad areas. middle class and poverty all in one due to alot of rental properties. "
        1
        Flag
      • Chalese M.
        "I completed my teenage years in this neighborhood, the school was good and the neighborhood is really quiet."
        11
        Flag
      • Chrisndbritt
        "The neighbors and the up keep of our community,safety and always neatness and everyone wants to keep up there neighborhood."
        3
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      • Verlencia M.
        "Use to be a nice neighborhood. Lot’s of crime. Lot’s car break in and home break in’s. School’s are ok. "
        5
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      • Someone
        "No events happen around here. People pretty much keep to themselves. I barely even know my neighbors on my street and I’ve lived here for almost my whole life. "
        6
        Flag
      • Robert D.
        "The people make a community what it is. These people need to realize the value of what is and could be here. This neighborhood can be what it was before they got here."
        11
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      • Kimberly D.
        "I love parkway villiage best place to move ever. I been staying out here for years nice area to raise you children(s)"
        9
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      • By.grace.mwm
        "Parkway village is not a good place to live. There are gunshots daily. I was robbed by two guys at gun point working on my car in my own driveway!"
        3
        Flag
      • Garry W.
        "Violence and other issues with people police and unemployed people who have nothing to lose and uneducated people "
        6
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      • NB
        "The area that it’s in, It is by great schools, high school, middle schools and elementary schools which is ok"
        8
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      • Preciouspre1
        "People dogs get stolen over here so u have to keep an eye on your dog if u let it out in the front yard..................."
        1
        Flag
      • Demetriusdunlap1011
        "Mellow very laid back and peaceful really good reassurance that it’s a good area . Even the schools in the community is great "
        9
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      • Delandersr17
        "Nothing I've noticed in years, beside the Oakhaven High football home coming. A beauty shop named Divine Look use to have many events but it's moved, and the area has been pretty dull after that."
        3
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      • Regina Chalmers
        "This neighborhood is very quiet we have lived here for 3 yrs now and really love living in this area. Friendly neighborhood."
        9
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      • Delandersr17
        "Dogs are welcomed, and not many vicious type dogs from what I've observed in the area. Not many dog friendly accessible park nor pet stores nearby I don't really see much that a dog owner would like about the area."
        1
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      • T H.
        "This neighborhood is horrible, shootouts, everyday, drug dealers, lack of police presence, not a safe place for children. I would not recommend this area."
        0
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      • Antonio
        "it's not it's a lot of crime around here and violence and burglary and drug dealers around the childrens.They have shoot outs everyday and nights until you can't sleep. "
        94
        Flag
      • Richard P.
        "beware of gun fire. there are weapons discharged nightly, a drive-by happened 4 doors away. this is not a good area for families or children. "
        10
        Flag
      • Sheri W.
        "Greatest neighborhood ever in the 20 Years l lived here.Nice and peaceful place is important and size of the home is priceless, affordable and l know trulia will help me with finding the right home for me and my family "
        0
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      LGBTQ Local Legal Protections

      Travis Patterson, Patterson & Assoc. Real Estate
      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2024 Memphis Area Association of REALTORS®.
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
      5045 Malone Rd, Memphis, TN 38118 is a lot/land. 5045 Malone Rd is located in Parkway Village-Oakhaven, Memphis. This property is currently available for sale and was listed by MAAR on Mar 12, 2021. The MLS # for this home is MLS# 10094946.