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    707 Wortham Ave Memphis, TN 38107

    For Sale
    Contact for pricing

    Land - Memphis, TN

    Lot size:
    0.05 Acres
    Days on Market:
    226
    Last Refresh:
    Dec 10 at 12:06 am

    Property Features for 707 Wortham Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-6
    Lot size
    0.05 Acres

    Building Details

    Architectural style
    Other

    The Renshaw Company, REALTORS (901) 756-5127 [email protected]

    Listing agent Crystal Mitchell (901) 820-4367

    Listing date Apr 29, 2025

    MLS# 10163506 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

    Residential Lot Near Downtown Memphis

    This residential lot is located in uptown Memphis, near downtown. The lot is suitable for building. It is situated minutes from the newly renovated Tom Lee Park. The lot size is 0.05 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.03354
    Latitude
    35.169558

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    FAQs

    What type of property is this?
    Land - Residential lot in uptown, ready to build near downtown.
    Where is this land located?
    The property is located at 707 Wortham Ave Memphis, TN.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: - Ready-to-build residential lot.; - Uptown location near downtown.; - Minutes from Tom Lee Park.
    (901) 820-4367
    Request Owner's contact information
    707 Wortham Ave Memphis, TN 38107
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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
    707 Wortham Ave Memphis, TN 38107
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