Commercial Corner Development
For Sale
$999,000
1508 Memorial Blvd, Springfield, TN 37172
A 1.02-acre commercially zoned corner lot with prominent roadway exposure for flexible commercial development.
Property SizeContact for details
Lot Size1.02 Acres
Days on Market67
Property Features for 1508 Memorial Blvd
General Information
Standard status
Active
Lot size
1.02 Acres
Property subtype
Commercial
Additional Details
Road Access
Yes
Listing Agency:
KELLER WILLIAMS FIRST CHOICE REALTY
(270) 782-1811
Listed By:
TRACEY SHIFFLETT · License #274731
Source:
Corcoran
Added: Jun 17
Changed: Aug 21
Last Checked: Aug 21 at 8:30AM
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 KELLER WILLIAMS FIRST CHOICE REALTY
Investment Insights
Based on property information with market context.
The property is a 1.02-acre commercially zoned corner lot designed for adaptable commercial development. Its configuration includes corner placement at the intersection of Memorial Boulevard and E. 16th Avenue, with road frontage on both sides intended to support high-visibility retail and service concepts.
Located at 1508 Memorial Blvd in Springfield, TN, the site benefits from positioning along one of the community’s primary commercial corridors. The surrounding area is described as established commercial businesses, and the corner location is highlighted as a factor that enhances exposure for drive-up and roadside-oriented uses.
The listing indicates the site can accommodate a wide range of commercial possibilities, including a convenience store, gas station, restaurant, hotel, retail center, medical office, professional services, and automotive-related businesses, among other commercial ventures. Prospective buyers should review zoning, utility availability, acreage, and any restrictions with local authorities, as the buyer is responsible for verifying all information and confirming intended use prior to development.
Located at 1508 Memorial Blvd in Springfield, TN, the site benefits from positioning along one of the community’s primary commercial corridors. The surrounding area is described as established commercial businesses, and the corner location is highlighted as a factor that enhances exposure for drive-up and roadside-oriented uses.
The listing indicates the site can accommodate a wide range of commercial possibilities, including a convenience store, gas station, restaurant, hotel, retail center, medical office, professional services, and automotive-related businesses, among other commercial ventures. Prospective buyers should review zoning, utility availability, acreage, and any restrictions with local authorities, as the buyer is responsible for verifying all information and confirming intended use prior to development.
Key Highlights
- 1.02‑acre commercially zoned corner lot at the intersection of Memorial Boulevard and E. 16th Avenue
- Prominent roadway exposure along one of Springfield’s primary commercial corridors
- Corner‑lot road frontage offers multiple potential commercial uses (convenience store, gas station, restaurant, hotel, retail, medical office)
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
746
Businesses Nearby
Explore this area
Business Placement
Demographics for 37172, TN
31,851
Population
12,253
Households
2.6
Avg Household Size
39
Median Age
19%
College-Educated
86%
High-School Grad
179.8 sq mi
ZIP Area
177
Density / Sq Mi
$71,103
Median Household Income
$40,879
Median Earnings
$1,132
Median Rent
$282,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - A 1.02-acre commercially zoned corner lot with prominent roadway exposure for flexible commercial development.
Where is this commercial land located?
The property is located at 1508 Memorial Blvd Springfield, TN.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 1.02‑acre commercially zoned corner lot at the intersection of Memorial Boulevard and E. 16th Avenue; Prominent roadway exposure along one of Springfield’s primary commercial corridors; Corner‑lot road frontage offers multiple potential commercial uses (convenience store, gas station, restaurant, hotel, retail, medical office)
