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Commercial Land with Existing Improvements

2503 Memorial Blvd, Springfield, TN 37172

For Sale
$725,000

Commercial land parcel with a residence and separate outbuilding fronting Memorial Boulevard and Highway 41.

Property Size907 SF
Price / SF$799.34
Days on Market121

Property Features for 2503 Memorial Blvd

General Information

Standard status Active
Size 907 SF

Building Details

Year Built 1935
Listing Agency: Century 21 Landmark Realty
Listed By: Steven R Justice
Source: Fiddletreerealty
Added: Jul 13 Changed: Oct 26 Last Checked: Nov 10 at 10:51AM

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 Century 21 Landmark Realty

Rey
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Investment Insights

Based on property information with market context.

This commercial land offering includes a 1.04-acre parcel with an existing home and a separate outbuilding. The property is positioned along Memorial Boulevard and Highway 41, providing road exposure for future commercial consideration. The improvements date to 1935 and remain part of the property configuration.

Located at 2503 Memorial Blvd in Springfield, TN, the site combines commercial land classification with existing structures on the parcel. The source information does not identify zoning, utility details, dimensions, or specific permitted uses.

Key Highlights

  • 1.04‑acre commercial land parcel
  • Fronts Memorial Blvd and Hwy 41
  • Existing home and separate outbuilding

Property Analytics

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Suggested Use

Top Pick Hair Salon Spa & Massage Center Electrical Service HVAC Service Daycare Center Real Estate Agency

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

443
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land parcel with a residence and separate outbuilding fronting Memorial Boulevard and Highway 41.
Where is this commercial land located?
The property is located at 2503 Memorial Blvd Springfield, TN.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 1.04‑acre commercial land parcel; Fronts Memorial Blvd and Hwy 41; Existing home and separate outbuilding
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