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Vacant Lot for Residential Development
For Sale
$40,000

688 Looney Ave, Memphis, TN 38107

Vacant residential lot available as part of a multi-property home package.

Property SizeContact for details
Days on Market217

Property Features for 688 Looney Ave

General Information

Standard status Active
Property subtype Vacant Land
Listing Agency: Harris Realty Services
Listed By: Virgil Pryor
Source: Bryanrealty
Added: Mar 13 Changed: Oct 4 Last Checked: Oct 7 at 5:17PM

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 Harris Realty Services

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Investment Insights

Based on property information with market context.

This is a vacant residential lot available for sale in a high-demand Uptown area. The property is being offered as part of a package of homes, with options to purchase individually or together.

The included addresses in the package are 948 Pearce, 506 Sixth, 671 McDavitt, 676 Looney, 680 Looney, 688 Looney, 692 Looney, 784 Looney, 876 N Third, 2227 Clayton, and 226 Chelsea. Pricing for nearby new construction is referenced in the remarks, but the subject lot is offered as part of the overall package.

The seller states that no wholesaler or assignment of contract offers will be accepted.

Key Highlights

  • Vacant residential lot in the Uptown area
  • Available as part of a multi‑property home package—can be sold individually or together
  • Package includes: 948 Pearce, 506 Sixth, 671 McDavitt, 676 Looney, 680 Looney, 688 Looney, 692 Looney, 784 Looney, 876 N Third, 2227 Clayton, and 226 Chelsea Ave

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Skin Care Clinic Building Supply Hair Salon Kitchen & Bath Showroom

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

560
Businesses Nearby

Demographics for 38107, TN

15,655
Population
8,093
Households
1.9
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
5.4 sq mi
ZIP Area
2,899
Density / Sq Mi
$36,393
Median Household Income
$34,958
Median Earnings
$999
Median Rent
$128,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant residential lot available as part of a multi-property home package.
Where is this residential land & home lot located?
The property is located at 688 Looney Ave Memphis, TN.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Vacant residential lot in the Uptown area; Available as part of a multi‑property home package—can be sold individually or together; Package includes: 948 Pearce, 506 Sixth, 671 McDavitt, 676 Looney, 680 Looney, 688 Looney, 692 Looney, 784 Looney, 876 N Third, 2227 Clayton, and 226 Chelsea Ave
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