Commercial Land with Existing
New
For Sale
$350,000
3604 MIDLAND Ave lot 39, Memphis, TN 38111
Land, Memphis, TN
Property SizeContact for details
Lot Size0.39 Acres
Days on Market2
Property Features for 3604 MIDLAND Ave lot 39
General Information
Property type
Land
Property subtype
Other
Zoning
CMU-1
Subdivision
PRESCOTTS NORMAL
Standard status
Active
Lot size
0.39 Acres
Taxes and HOA fees
Tax Annual Amount
2330
Listing Agency:
Crye-Leike, Inc., REALTORS
(901) 756-8900
Listed By:
Tyler Tapley · License #296080
(901) 871-1290
Added: Sep 11
Last Checked: Sep 12 at 7:06PM
MLS# 10230226
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 0.39-acre commercial land parcel includes a former fraternity house that is being sold as-is and requires substantial repairs. The property’s existing interior could be renovated, while the underlying land remains the primary component of the offering. A circular driveway provides on-site parking access.
The site is located near the University of Memphis, with a completed large-scale development across the street. Zoning is CMU-1, supporting evaluation of the parcel for future development or rehabilitation based on applicable requirements.
The site is located near the University of Memphis, with a completed large-scale development across the street. Zoning is CMU-1, supporting evaluation of the parcel for future development or rehabilitation based on applicable requirements.
Key Highlights
- 0.39‑acre commercial land parcel
- CMU‑1 zoning
- Former fraternity house included on site
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
699
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Commercial land - CMU-1-zoned property with a circular driveway and an existing structure requiring substantial repairs.
Where is this commercial land located?
The property is located at 3604 MIDLAND Ave lot 39 Memphis, TN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 0.39‑acre commercial land parcel; CMU‑1 zoning; Former fraternity house included on site
