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    1311 Faxon Ave Memphis, TN 38104

    Picture of Land at Faxon Ave 1311, Memphis, TN
    For Sale
    Contact for pricing

    Land - Memphis, TN

    Lot size:
    0.11 Acres
    Days on Market:
    167
    Last Refresh:
    Dec 7 at 11:06 pm

    Property Features for 1311 Faxon Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RU-1
    Lot size
    0.11 Acres

    Building Details

    Architectural style
    Other

    KAIZEN Realty (901) 221-4041 [email protected]

    Listing agent Joshua Moss (901) 221-4041

    Listing date Jun 24, 2025

    MLS# 10190215 Listing URL

    Copyright © 2025 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.

    Overview

    Memphis Land Investment Opportunity

    This vacant lot is located in the Speedway Terrace area of Memphis, Tennessee. The 0.11-acre property is situated in a rapidly growing area, approximately 8 minutes from Downtown Memphis and 2 minutes from the Crosstown Concourse Building. The zoning is RU-1. The surrounding area features multiple new construction projects, with some new build homes selling for $240,000+.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.015183
    Latitude
    35.155083

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    FAQs

    What type of property is this?
    Land - Vacant lot in rapidly growing area near downtown Memphis.
    Where is this land located?
    The property is located at 1311 Faxon Ave Memphis, TN.
    What is the asking price?
    The asking price for this property is $29,900.
    What are key features of this property?
    This property features: - Prime investment opportunity in Speedway Terrace.; - Rapidly growing area with multiple new construction projects.; - Close proximity to Downtown Memphis (8 minutes).
    (901) 221-4041
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    1311 Faxon Ave Memphis, TN 38104
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    Memphis, TN 38104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1311 Faxon Ave Memphis, TN 38104
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