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Downtown Memphis Corner Lot
For Sale
$295,000

114 FOUNDERS Ln lot 18, Memphis, TN 38103

Land, Memphis, TN

Property SizeContact for details
Lot Size0.26 Acres
Days on Market189

Property Features for 114 FOUNDERS Ln lot 18

General Information

Property type Land
Property subtype Other
Zoning reside
Subdivision FOUNDERS POINTE PHASE 1
Standard status Active
Lot size 0.26 Acres

Taxes and HOA fees

Tax Annual Amount 1339
Listing Agency: John Green & Co., REALTORS
Listed By: Sherry Cole
Added: Feb 22 Changed: Aug 19 Last Checked: Aug 30 at 6:06AM
MLS# 10215186

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.26-acre corner lot is located in downtown Memphis on Founders Lane. The property is intended for building a home or investment property. The location offers river views and access to attractions such as the Mississippi Riverfront, Bass Pro Shops, and Beale Street. The lot is situated in a gated community near parks, the River Bluff Walk, and a pedestrian bridge. It is located in one of the desirable neighborhoods in Memphis.

Key Highlights

  • Prime .26‑acre corner lot in Downtown Memphis.
  • Stunning river views.
  • Easy access to Memphis' best attractions including the Mississippi Riverfront, Bass Pro Shops, and Beale Street.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom HVAC Service Garden Center Skin Care Clinic Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

386
Businesses Nearby

Demographics for 38103, TN

14,739
Population
8,811
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
2.7 sq mi
ZIP Area
5,459
Density / Sq Mi
$75,763
Median Household Income
$60,918
Median Earnings
$1,575
Median Rent
$380,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 0.26-acre corner lot in downtown Memphis with river views.
Where is this residential land & home lot located?
The property is located at 114 FOUNDERS Ln lot 18 Memphis, TN.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Prime .26‑acre corner lot in Downtown Memphis.; Stunning river views.; Easy access to Memphis' best attractions including the Mississippi Riverfront, Bass Pro Shops, and Beale Street.
More about this property
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