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Corner Commercial Land with Brick Building
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651 S Parkway East, Memphis, TN 38106

RES-zoned parcel includes an existing brick building and utilities nearby.

Property SizeContact for details
Days on Market945

Property Features for 651 S Parkway East

General Information

Standard status Active
Property subtype Land / Land
Zoning RES

Taxes and HOA fees

Annual Taxes $345
Listing Agency: Crye-Leike of MS, Inc.
Listed By: Ken Cannon · License #S-54490
Source: Compass
Added: Feb 2, 2024 Changed: Aug 31 Last Checked: Aug 30 at 1:41AM

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 Crye-Leike of MS, Inc.

Investment Insights

Based on property information with market context.

This corner parcel is classified as commercial land and includes an existing brick building. The property carries RES zoning, and utilities are located nearby.

The site occupies the corner of S Parkway East and S. Orleans. A neighboring owner has been maintaining the property and plans to move a wood fence back to the property line, which will leave the brick building fully visible.

Key Highlights

  • Corner position at S Parkway East and S. Orleans
  • Existing brick building included with the parcel
  • RES zoning

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Skin Care Clinic HVAC Service Kitchen & Bath Showroom

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

304
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
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Frequently Asked Questions

What type of property is this?
Commercial land - RES-zoned parcel includes an existing brick building and utilities nearby.
Where is this commercial land located?
The property is located at 651 S Parkway East Memphis, TN.
What are key features of this property?
This property features: Corner position at S Parkway East and S. Orleans; Existing brick building included with the parcel; RES zoning
More about this property
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