Not an Elvis fan particularly, but I recognize that he had talent that was badly mismanaged. Generally, I could care less. Recently I was in a Zoom meeting with a client - FedEx and during a very boring segment I took to Google-earthing the airport in Memphis, the FedEx HQ, and the surrounding area to the west and there is Graceland. Switch to the street view and see what a trashy area it is located in. The estate itself looks rough, but you can as the problem was that Elvis didn’t buy enough land to control the areas surrounding Graceland. On the Graceland property itself there is the house and a lot of adjoining buildings that look like corrugated metal pole barns. He may have been a lot of things, but he was no real estate developer.
As I understand it, at the time he bought Graceland, it was a very rural area. He could’ve purchased 400 acres worth of surrounding land, but he wanted only the 13 acres parcel the house sat on.
That is really not fair assessment.
The guy has been dead 45 years. What will your property/neighborhood look like 45 years after you go after your descendants carve it up, hock it and neglect it.