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Downtown Memphis Development Opportunity

386 E PONTOTOC Ave lot 6 4 Pts2&3 Memphis, TN 38126

386 E PONTOTOC Ave lot 6 4 Pts2&3, Memphis, TN, 38126
$925,000
For Sale
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$925,000

LAND - Memphis, TN

Lot Size0.80 Acres
AddedApr 2
Days on Market105
Last RefreshJul 15 at 10:06 pm

Property Features for 386 E PONTOTOC Ave lot 6 4 Pts2&3

General Information

Property type
Land
Property subtype
Other
Zoning
Check
Standard status
Active
Lot size
0.80 Acres

Listing agent Bruce Johnson

Listing office mlsAssist 4466 Elvis Presley Blvd, 260-B, Memphis, TN

Listing date Apr 2, 2026

MLS# 10218351 Listing URL

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 prime development opportunity is located in the heart of downtown Memphis. The site consists of a combination of three lots, totaling approximately 34,670 square feet, or approximately 0.8 acres. Situated at 4th & Pontotoc, the property is near FedEx Forum and one block from Beale Street, within the Sports & Entertainment District. The zoning allows for mixed-use and residential development, making the property suitable for a boutique infill project. Potential uses include luxury condominiums, apartments, or a parking structure. The site is located within a designated Opportunity Zone and benefits from nearby public and private investment. Adjacent parcels may be purchased for additional future assemblage potential. This strategically located development site is in one of Memphis' most active and evolving districts.

Key Highlights

  • Prime downtown Memphis development opportunity: +/-0.8 acre site at 4th & Pontotoc.
  • Ideally located near Fed Ex Forum and one block from Beale Street in the Sports & Entertainment District.
  • Zoned for mixed‑use and residential development: suitable for condos, apartments, or parking structure.

Property Analytics

Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Commercial land - Prime mixed-use development site near FedEx Forum and Beale Street.
Where is this commercial land located?
The property is located at 386 E PONTOTOC Ave lot 6 4 Pts2&3 Memphis, TN.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Prime downtown Memphis development opportunity: +/-0.8 acre site at 4th & Pontotoc.; Ideally located near Fed Ex Forum and one block from Beale Street in the Sports & Entertainment District.; Zoned for mixed‑use and residential development: suitable for condos, apartments, or parking structure.
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