Listing Agency: Keller Williams · Keller Williams Realty k***@kw.com Show Phone

Listed By: Jeffry Goff Show Phone

Added: Jun 11, 2025 Changed: Aug 19 Last Checked: Aug 29 at 8:06PM

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MLS# 10198754

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 2.1-acre commercial land parcel is located at 4501 S THIRD St in Memphis, Tennessee. The property carries CMU-3 zoning and offers a substantial land area for commercial development. Its location is within Shelby County and the 38109 postal area.

Key Highlights

• 2.1‑acre commercial land parcel
• CMU‑3 zoning designation
• 4501 S THIRD St, Memphis, TN 38109

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Restaurant Big Box & Wholesale Store Pharmacy

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

173

Businesses Nearby

Explore this area Business Placement

Demographics for 38109, TN

42,437

Population

18,881

Households

2.2

Avg Household Size

40

Median Age

14%

College-Educated

87%

High-School Grad

59.7 sq mi

ZIP Area

711

Density / Sq Mi

$36,934

Median Household Income

$30,780

Median Earnings

$1,000

Median Rent

$76,600

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - The Memphis parcel is designated CMU-3 for commercial development.

Where is this commercial land located?

The property is located at 4501 S THIRD St Memphis, TN.

What is the asking price?

The asking price for this property is $100,000.

What are key features of this property?

This property features: 2.1‑acre commercial land parcel; CMU‑3 zoning designation; 4501 S THIRD St, Memphis, TN 38109