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Redevelopment Opportunity in South Midtown
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1063 S Parkway E, Memphis, TN 38106

2.67-acre site for commercial or mixed-use development.

Property Size13,352 SF
Lot Size2.67 Acres
Price / SF$67.41
Days on Market98

Property Features for 1063 S Parkway E

General Information

Standard status Active
Size 13,352 SF
Lot size 2.67 Acres
Property subtype Mixed Use, Industrial, Retail, Land
Zoning CMU-1, R-6
Investment Type Redevelopment

Building Details

Year Built 1916
Buildings 2
Listing Agency: NAI Saig Company
Listed By: James McCraw, CCIM · License #TN 340992
Source: Crexi
Added: May 21 Changed: Aug 25 Last Checked: Aug 24 at 10:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Saig Company

Investment Insights

Based on property information with market context.

The property at 1063 S Pkwy E offers a redevelopment opportunity in the South Midtown / Liberty Park area of Memphis. This approximately 2.67-acre site is located on a corner along S Parkway East. The site benefits from visibility, multiple access points, and proximity to transportation infrastructure. The property is suitable for commercial or mixed-use development.

Key Highlights

  • Prime redevelopment opportunity in the South Midtown / Liberty Park corridor.
  • Large ±2.67‑acre site.
  • Excellent visibility due to prominent corner location.

Property Analytics

Current Use

Coletta's Italian Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply HVAC Service Pharmacy Gym & Fitness 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

463
Businesses Nearby

Demographics for 38106, TN

22,394
Population
11,630
Households
1.9
Avg Household Size
41
Median Age
12%
College-Educated
83%
High-School Grad
10.4 sq mi
ZIP Area
2,153
Density / Sq Mi
$29,818
Median Household Income
$30,101
Median Earnings
$915
Median Rent
$66,400
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?
Commercial land - 2.67-acre site for commercial or mixed-use development.
Where is this commercial land located?
The property is located at 1063 S Parkway E Memphis, TN.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Prime redevelopment opportunity in the South Midtown / Liberty Park corridor.; Large ±2.67‑acre site.; Excellent visibility due to prominent corner location.
(901) 410-3311 Call to check price and availability
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