Building Details

Year built 1800

Listing Agency: Enterprise, REALTORS j***@enterpriserealtors.com Show Phone

Listed By: Camela Henke Show Phone

Added: Jul 18, 2025 Changed: Aug 19 Last Checked: Aug 29 at 8:06PM

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MLS# 10201589

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This half-acre commercial land parcel is positioned for future development and has completed both Phase 1 and Phase 2 environmental studies. The property is suited to commercial land planning, with the completed studies providing established environmental documentation for review.

The site is located on Broad Ave near Sam Cooper and Tillman in Memphis. It sits next to a gas station and across from a bank and coffee shop under construction. The property also offers access to major roads and is in an area identified as having high traffic volume.

Key Highlights

• Half‑acre commercial land parcel
• Phase 1 environmental study complete
• Phase 2 environmental study complete

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Bakery Veterinary Clinic

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

696

Businesses Nearby

Explore this area Business Placement

Demographics for 38112, TN

16,970

Population

7,425

Households

2.3

Avg Household Size

32

Median Age

38%

College-Educated

85%

High-School Grad

4.8 sq mi

ZIP Area

3,535

Density / Sq Mi

$52,639

Median Household Income

$29,576

Median Earnings

$969

Median Rent

$206,900

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Completed Phase 1 and Phase 2 environmental studies provide documented site diligence.

Where is this commercial land located?

The property is located at 2970 BROAD Ave Memphis, TN.

What is the asking price?

The asking price for this property is $289,900.

What are key features of this property?

This property features: Half‑acre commercial land parcel; Phase 1 environmental study complete; Phase 2 environmental study complete