Listing Agency: EXP REALTY LLC Memphis

Listed By: Tony Cai · License #TN 333978

Source: Crexi

Added: Jul 3, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:21AM

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Investment Insights

Based on property information with market context.

This spacious vacant lot presents an opportunity for residential development in Memphis. The property is suitable for building a home. It is located within a growing Memphis neighborhood. An adjacent lot at 236 Decatur St is also available for sale.

Key Highlights

• Vacant lot ready for development.
• Opportunity to build a dream home.
• Located in a vibrant Memphis neighborhood.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Butcher Home Appliance Store Acupuncture

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

3,258

Businesses Nearby

Explore this area Business Placement

Demographics for 38105, TN

6,232

Population

4,145

Households

1.5

Avg Household Size

39

Median Age

22%

College-Educated

81%

High-School Grad

1.7 sq mi

ZIP Area

3,666

Density / Sq Mi

$29,316

Median Household Income

$34,969

Median Earnings

$928

Median Rent

$75,400

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Spacious vacant lot ready for development in Memphis neighborhood.

Where is this residential land & home lot located?

The property is located at 230 Decatur St Memphis, TN.

What is the asking price?

The asking price for this property is $49,999.

What are key features of this property?

This property features: Vacant lot ready for development.; Opportunity to build a dream home.; Located in a vibrant Memphis neighborhood.