263 Vance Ave Memphis, TN 38126

Listing agency Universal Commercial Real Estate LLC d***@universalcommercial.com Show Phone

Listed by Darrell Cobbins · License #278933

Source Crexi

Added: Oct 4, 2022 Updated: Jul 10 at 3:43PM Checked: Jul 21 at 4:47AM

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Investment Insights

Based on property information with market context.

This lot is located in the emerging South City/South Forum section of Downtown Memphis' CBID. The area has seen recent multi-million dollar investments to the north, south, east, and west of this location. FedEx Logistics' new corporate headquarters, Wiseacre Brewery's new brewery and taproom, and multi-family development projects are all nearby. This territory is one of the last remaining sections of Downtown Memphis awaiting additional investment and development. Additional nearby parcels (separately-owned) are available for larger site assemblage. The property is within walking distance of FedEx Forum, home of the Memphis Grizzlies and U of M Tigers, which also hosts concerts and national performances. Beale Street, with its bars, restaurants, and live entertainment, is located due north. Nearby hotels include the recently opened Central Station Hotel, the Arrive Hotel, Westin Beale Street, and the new Hyatt Centric Beale Street. This property is a commercial lot suitable for commercial real estate, land, mixed-use properties, and other mixed-use properties.

Key Highlights

• Located in the emerging South City/South Forum section of Downtown Memphis' CBID, an area poised for significant growth.
• Surrounded by recent multi‑million dollar investments, including FedEx Logistics headquarters and Wiseacre Brewery.
• Opportunity for larger site assemblage with separately‑owned nearby parcels available.

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FAQs

What type of property is this?

Commercial land - Fantastic lot in the South City/South Forum section.

Where is this commercial land located?

The property is located at 263 Vance Ave Memphis, TN.

What are key features of this property?

This property features: Located in the emerging South City/South Forum section of Downtown Memphis' CBID, an area poised for significant growth.; Surrounded by recent multi‑million dollar investments, including FedEx Logistics headquarters and Wiseacre Brewery.; Opportunity for larger site assemblage with separately‑owned nearby parcels available.