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Ready-to-Build Residential Lot
For Sale
$250,000

2963 CENTRAL AVE, Memphis, TN 38111

Fully fenced lot with utilities in place and an existing driveway, ready for construction.

Property SizeContact for details
Days on Market568

Property Features for 2963 CENTRAL AVE

General Information

Standard status Active
Property subtype Lots/Land

Site & Location

Fenced Yard Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $2,059
Listing Agency: Hobson, REALTORS
Listed By: Jennifer Williams · License #337889
Source: Exitrealty
Added: Jan 29, 2025 Changed: Aug 8 Last Checked: Jul 16 at 3:25PM

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 Hobson, REALTORS

Investment Insights

Based on property information with market context.

This residential lot is ready to build, with utilities already in place. The property is fully fenced with brick fencing on both the front and side, along with brick column fencing at the back. A slide gate and a driveway already in place add immediate functionality for future construction.

Architectural plans are available for an additional fee, designed by the late Doug Enoch. The lot is situated in the heart of Central Ave, with the site setup supporting a straightforward path from planning to build.

Key Highlights

  • Ready‑to‑build lot on Central Ave with utilities in place
  • Fully fenced with brick fencing on front and side plus brick column fencing at the back
  • Includes slide gate and an existing driveway

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Parking Lot & Garage Auto Parts Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

599
Businesses Nearby

Demographics for 38111, TN

40,533
Population
20,084
Households
2
Avg Household Size
34
Median Age
38%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
4,136
Density / Sq Mi
$52,806
Median Household Income
$33,449
Median Earnings
$1,077
Median Rent
$165,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Fully fenced lot with utilities in place and an existing driveway, ready for construction.
Where is this residential land & home lot located?
The property is located at 2963 CENTRAL AVE Memphis, TN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Ready‑to‑build lot on Central Ave with utilities in place; Fully fenced with brick fencing on front and side plus brick column fencing at the back; Includes slide gate and an existing driveway
More about this property
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