Description
PRIME DEVELOPMENT OPPORTUNITY in the heart of downtown Memphis. This is a combination of 3 lots, totaling ±34,670 square foot (±0.8 acre). The site is ideally located at 4th & Pontotoc, near Fed Ex Forum and one block from Beale Street within the Sports & Entertainment District. Zoned for mixed-use and residential development, the property is well-suited for a boutique infill project including luxury condominiums, apartments, or a parking structure. The site is also located within a designated Opportunity Zone and benefits from significant nearby public and private investment. Adjacent parcels may be purchased for additional future assemblage potential. Rare opportunity to acquire a strategically located development site in one of Memphis’ most active and evolving districts.
Details
| MLS # | 10218351 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 148 |
| Listing Provided By | mlsAssist | Bruce Johnson |
Features
| Zoning | Check |
|---|---|
| Acreage | 0.80 |
Utilities
| Utilities | Electricity, Natural Gas, Public Sewer, Public Water, Telephone |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38126 |
| Area | South Bluffs | Downtown |
| Subarea | 745E |
| Community Name | BLK 50 |
| Listing VS Median (in BLK 50) | |
Price: $925,000 low | high Med: $0 On site: 148 low | high Med: | |
Market Activity 38126
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38126 |
| Area | South Bluffs | Downtown |
| Subarea | 745E |
| Community Name | BLK 50 |
| Listing VS Median (in BLK 50) | |
Price: $925,000 low | high Med: $0 On site: 148 low | high Med: | |
