Memphis Opportunity Zone Development
For Sale
$500,000
337 S 4th St, Memphis, TN 38126
Prime development site in downtown Memphis Opportunity Zone.
Property SizeContact for details
Days on Market177
Property Features for 337 S 4th St
General Information
Standard status
Active
Class
C
Property subtype
Land
Building Details
Year Built
1920
Listing Agency:
Universal Commercial Real Estate LLC
(901) 503-5917
Listed By:
Darrell Cobbins · License #278933
(901) 503-5917
Source:
Tcnworldwide
Added: Mar 6
Changed: Aug 9
Last Checked: Aug 29 at 8:46AM
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 Universal Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
Located in a Federal Qualified Opportunity Zone in Memphis, Tennessee, this property presents a development opportunity in a flourishing area. The site is suitable for innovative redevelopment, offering a unique canvas for a distinctive project. The Opportunity Zone location allows for capitalizing on tax incentives and driving community development. The property is positioned in downtown Memphis, near cultural and entertainment attractions such as the FedEx Forum and Beale Street, which features blues clubs, restaurants, and shops. The National Civil Rights Museum is also nearby. Tom Lee Park provides a riverside setting for recreation. The area offers a variety of dining and shopping options. The site is positioned for development in downtown Memphis and is suitable for residential and mixed-use development. It is suited for investors seeking rental income or redevelopment potential in a growing area and is positioned in a neighborhood experiencing revitalization and economic growth.
Key Highlights
- Located in a Federal Qualified Opportunity Zone, offering significant tax incentives for development.
- Prime location in downtown Memphis, a rapidly growing area with revitalization efforts.
- Ideal for residential or mixed‑use development, catering to diverse market needs.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,360
Businesses Nearby
Explore this area
Business Placement
Demographics for 38126, TN
5,717
Population
3,260
Households
1.8
Avg Household Size
32
Median Age
14%
College-Educated
82%
High-School Grad
1.9 sq mi
ZIP Area
3,009
Density / Sq Mi
$30,825
Median Household Income
$32,396
Median Earnings
$794
Median Rent
$59,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime development site in downtown Memphis Opportunity Zone.
Where is this commercial land located?
The property is located at 337 S 4th St Memphis, TN.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Located in a Federal Qualified Opportunity Zone, offering significant tax incentives for development.; Prime location in downtown Memphis, a rapidly growing area with revitalization efforts.; Ideal for residential or mixed‑use development, catering to diverse market needs.
