Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 34,848 sqft

Price per Sqft $26

Subdivision Blk 50

MLS Listing ID 10218351

Lot Size 0.800 Acres

Property Sub-Type Land

Property 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.

Location

State TN

County Shelby

Area South Bluffs/Downtown

Exterior

Utilities Available Electricity, Natural Gas, Public Sewer, Public Water, Telephone

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Listed by Bruce C Johnson • mlsAssist

Nearby School & Business

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Eddie Aeschliman

+1(901) 860-3302

Broker

386 E PONTOTOC AVE Memphis, TN 38126