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CMU-3 Commercial Land
For Sale
$225,000

4921 S US 61 Hwy lot 14&15&16, Memphis, TN 38109

Land, Memphis, TN

Property SizeContact for details
Lot Size7.24 Acres
Days on Market355

Property Features for 4921 S US 61 Hwy lot 14&15&16

General Information

Property type Land
Property subtype Other
Zoning CMU-3
Subdivision WESTWOOD ADDN
Standard status Active
Lot size 7.24 Acres

Taxes and HOA fees

Tax Annual Amount 1406
Listing Agency: Keller Williams · Keller Williams Realty
Listed By: Katrina Smith
Added: Sep 10, 2025 Changed: Aug 19 Last Checked: Aug 29 at 11:06PM
MLS# 10205397

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 7.24-acre commercial land parcel is zoned CMU-3 and described as developed land. A home has been removed from the property, leaving the site available for future commercial planning and use.

The property is located at 4921 S US 61 Hwy in Memphis, Tennessee, and includes lots 14, 15, and 16. Its position along a busy, high-traffic street provides direct corridor exposure, while the US 61 address connects the site to a major transportation route.

Key Highlights

  • 7.24‑acre commercial land parcel
  • CMU‑3 zoning
  • Home removed from the property

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby

Demographics for 38109, TN

42,437
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
59.7 sq mi
ZIP Area
711
Density / Sq Mi
$36,934
Median Household Income
$30,780
Median Earnings
$1,000
Median Rent
$76,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Developed commercial land with flexible site-use potential along a heavily traveled corridor.
Where is this commercial land located?
The property is located at 4921 S US 61 Hwy lot 14&15&16 Memphis, TN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 7.24‑acre commercial land parcel; CMU‑3 zoning; Home removed from the property
More about this property
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