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Vacant Lot in Uptown Memphis
For Sale
$40,000

688 LOONEY Ave lot 89-90, Memphis, TN 38107

Land, Memphis, TN

Property SizeContact for details
Lot Size0.09 Acres
Days on Market485

Property Features for 688 LOONEY Ave lot 89-90

General Information

Property type Land
Property subtype Other
Zoning MDR
Subdivision OVERTON
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 25
Listing Agency: Harris Realty Services
Listed By: Virgil Pryor
Added: May 3, 2025 Changed: Aug 19 Last Checked: Aug 30 at 6:06AM
MLS# 10195815

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 vacant lot is located in the Uptown area of Memphis. New construction in the area is valued around $250,000. The lot is part of a package of homes that can be sold individually or together, including properties at 948 Pearce, 506 Sixth, 671 McDavitt, 676 Looney, 680 Looney, 692 Looney, 784 Looney, 876 N Third, 2227 Clayton, and 226 Chelsea Avenue. The lot is zoned MDR. The size of the lot is 0.09 acres.

Key Highlights

  • Vacant lot in the desirable Uptown area.
  • New construction in the area selling for $250k, offering potential for similar value.
  • Opportunity for individual purchase.

Property Analytics

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
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?
Residential land & home lot - Vacant lot in the Uptown area suitable for new construction.
Where is this residential land & home lot located?
The property is located at 688 LOONEY Ave lot 89-90 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 lot in the desirable Uptown area.; New construction in the area selling for $250k, offering potential for similar value.; Opportunity for individual purchase.
More about this property
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