Level Commercial
For Sale
$1,000,000
1587 Chelsea Avenue, Memphis, TN 38108
Level commercial lot with substantial road exposure and a prior structure site.
Property SizeContact for details
Days on Market915
Property Features for 1587 Chelsea Avenue
General Information
Standard status
Active
Property subtype
Land / Land
Zoning
COMM
Taxes and HOA fees
Annual Taxes
$2,271
Listing Agency:
Braden, Braden & Braden LLC
Listed By:
John Cornes · License #303183
(901) 268-8333
Source:
Compass
Added: Apr 15, 2024
Changed: Oct 10
Last Checked: Oct 16 at 11:09AM
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 Braden, Braden & Braden LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This level commercial land parcel offers 480 feet of road frontage along Chelsea Avenue. The site previously contained a structure, providing a developed-property history while remaining available as an open commercial lot.
The property is located at 1587 Chelsea Avenue in Memphis, Tennessee. Its commercial land classification supports evaluation for a range of business and service-oriented uses identified in the property information, subject to applicable approvals.
The property is located at 1587 Chelsea Avenue in Memphis, Tennessee. Its commercial land classification supports evaluation for a range of business and service-oriented uses identified in the property information, subject to applicable approvals.
Key Highlights
- 480 feet of road frontage on Chelsea Avenue
- Level commercial land parcel
- Previously occupied by a structure
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
Explore this area
Business Placement
Demographics for 38108, TN
17,051
Population
7,881
Households
2.2
Avg Household Size
34
Median Age
11%
College-Educated
73%
High-School Grad
7.6 sq mi
ZIP Area
2,244
Density / Sq Mi
$35,435
Median Household Income
$32,126
Median Earnings
$921
Median Rent
$62,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Commercial land - Level commercial lot with substantial road exposure and a prior structure site.
Where is this commercial land located?
The property is located at 1587 Chelsea Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 480 feet of road frontage on Chelsea Avenue; Level commercial land parcel; Previously occupied by a structure
