Corner Development Land Zoned for Office and
For Sale
Contact for pricing
338 Union Avenue, Memphis, TN 38103
Corner development site zoned for sports and entertainment, allowing office and retail uses near Downtown Memphis entry.
Property Size14,590 SF
Price / SF$51.41
Days on Market11
Property Features for 338 Union Avenue
General Information
Standard status
Active
Size
14,590 SF
Property subtype
Land
Building Details
Year Built
1926
Listing Agency:
Crye-Leike Real Estate Services
(901) 338-3226
Listed By:
Chris Garland · License #TN-232993
Source:
Crexi
Added: Jul 21
Changed: Jul 30
Last Checked: Jul 31 at 3:08PM
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 Crye-Leike Real Estate Services
Investment Insights
Based on property information with market context.
This is a corner commercial land site on Union Avenue at Danny Thomas, offered as a development opportunity for a bank or other retail or office use. The site totals 0.33 acres and is zoned for sports and entertainment, which allows office and retail uses.
The property is positioned at the entrance to Downtown Memphis on Union Avenue. Across the street, there is approximately 11 acres cleared for a future mixed-use development, supporting a broader redevelopment context in the immediate area.
With its corner configuration and zoning that permits both office and retail, the site is set up for flexible commercial development planning.
The property is positioned at the entrance to Downtown Memphis on Union Avenue. Across the street, there is approximately 11 acres cleared for a future mixed-use development, supporting a broader redevelopment context in the immediate area.
With its corner configuration and zoning that permits both office and retail, the site is set up for flexible commercial development planning.
Key Highlights
- 0.33‑acre corner commercial land site on Union Avenue at Danny Thomas
- Zoned for sports and entertainment with office and retail allowed
- Positioned at the entrance to Downtown Memphis on Union Avenue
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,542
Businesses Nearby
Explore this area
Business Placement
Demographics for 38103, TN
14,739
Population
8,811
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
2.7 sq mi
ZIP Area
5,459
Density / Sq Mi
$75,763
Median Household Income
$60,918
Median Earnings
$1,575
Median Rent
$380,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Corner development site zoned for sports and entertainment, allowing office and retail uses near Downtown Memphis entry.
Where is this commercial land located?
The property is located at 338 Union Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 0.33‑acre corner commercial land site on Union Avenue at Danny Thomas; Zoned for sports and entertainment with office and retail allowed; Positioned at the entrance to Downtown Memphis on Union Avenue
