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561 EXCHANGE Ave lot C-504 &*, Memphis, TN 38105

LAND - Memphis, TN

Property SizeContact for details
Lot Size0.12 Acres
Days on Market145

Property Features for 561 EXCHANGE Ave lot C-504 &*

General Information

Property type Land
Property subtype Other
Zoning MU
Subdivision HULBERT
Standard status Active
Lot size 0.12 Acres

Taxes and HOA fees

Tax Annual Amount 50
Listing Agency: Sowell, Realtors
Listed By: Alex Da Ponte
Added: Mar 22 Changed: Jun 14 Last Checked: Aug 13 at 12:06PM
MLS# 10217376

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 offering is a small commercial land parcel currently improved as a grass lot. The site is configured for flexible use, and the parcel could be paved to create additional on-site parking capacity.

The land is located behind the Ronald McDonald House of Memphis, providing a practical option for operators seeking overflow parking on an adjacent lot. The property is zoned MU.

For buyers looking to supplement parking at an existing facility, this parcel’s straightforward current condition and parking-friendly layout make it an easy candidate for paving and site improvements. The MU zoning supports a range of mixed-use commercial applications, allowing the new owner to evaluate how the parcel can best serve nearby operations. As presented, the property is best suited for parking overflow or other compatible uses under MU zoning, with a manageable site size for phased or targeted development.

Key Highlights

  • Land suitable for paving.
  • Potential for excess parking.
  • Located behind Ronald McDonald House of Memphis.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Hair Salon Auto Parts Store Furniture & Home Goods Carpet & Flooring Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,225
Businesses Nearby

Demographics for 38105, TN

6,232
Population
4,145
Households
1.5
Avg Household Size
39
Median Age
22%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
3,666
Density / Sq Mi
$29,316
Median Household Income
$34,969
Median Earnings
$928
Median Rent
$75,400
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 - Small MU-zoned grass lot positioned behind Ronald McDonald House, suited for conversion to excess parking.
Where is this commercial land located?
The property is located at 561 EXCHANGE Ave lot C-504 &* Memphis, TN.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Land suitable for paving.; Potential for excess parking.; Located behind Ronald McDonald House of Memphis.
More about this property
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