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 Market218
Property Features for 337 S 4th St
General Information
Standard status
Active
Class
C
Property subtype
Land
Site & Location
Neighborhood
Score (South City) Cdc
Building Details
Year Built
1920
Listing Agency:
Universal Commercial Real Estate LLC
Listed By:
Darrell Cobbins · License #278933
(901) 503-5917
Source:
Tcnworldwide
Added: Mar 26
Changed: Oct 25
Last Checked: Oct 28 at 6:47AM
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
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Investment Insights
Based on property information with market context.
This property, situated in a Federal Qualified Opportunity Zone in Memphis, TN, presents a development opportunity in a flourishing area. The site is suitable for innovative redevelopment. Located in an Opportunity Zone, this site provides the chance to capitalize on tax incentives and drive impactful community development. The property is positioned in downtown Memphis, near cultural and entertainment attractions, including the FedEx Forum, and Beale Street with its 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 to be the ideal development right in the middle of everything in downtown Memphis. It is ideal for residential and mixed-use development opportunities and for investors looking for rental income or redevelopment potential in a rapidly growing area. The neighborhood is experiencing revitalization and economic growth, making it a smart long-term investment.
Key Highlights
- Located in a Federal Qualified Opportunity Zone, offering significant tax incentives.
- Prime location in downtown Memphis, a rapidly growing area.
- Proximity to major attractions like Beale Street and FedEx Forum.
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,360
Businesses Nearby
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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
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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.; Prime location in downtown Memphis, a rapidly growing area.; Proximity to major attractions like Beale Street and FedEx Forum.
