Listing Agency: Braden, Braden & Braden CRE Show Phone

Listed By: John Cornes, CCIM · License #303183

Source: Crexi

Added: Mar 5 Changed: Aug 12 Last Checked: Aug 13 at 2:55PM

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Investment Insights

Based on property information with market context.

This property features 5.09 acres of land situated off Chelsea Avenue in Memphis, Tennessee. The parcel is suitable for various development opportunities.

Key Highlights

• 5.09 acres of land
• Located off Chelsea Ave

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon

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

538

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - 5.09-acre land parcel available off Chelsea Ave, Memphis.

Where is this land located?

The property is located at 1587 Chelsea Ave 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: 5.09 acres of land; Located off Chelsea Ave