Listing Agency: Herenton Homes, LLC

Listed By: William Woodard Show Phone

Source: Exprealty

Added: Jan 10 Changed: Oct 8 Last Checked: Oct 23 at 9:44AM

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Investment Insights

Based on property information with market context.

This approximately 17-acre parcel is positioned as a key component of the City of Memphis, Tennessee's redevelopment plans. According to the South City Plan, significant time, money, and resources are allocated to transform the area and establish a new 'Small City'. This presents an opportunity for a developer to potentially receive support and economic incentives from the City of Memphis.

Key Highlights

• Large urban redevelopment site spanning 17 +/- parcels.
• Anchor to the City of Memphis' redevelopment vision.
• Located within the South City Plan area.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Furniture & Home Goods Garden Center Pharmacy Spa & Massage Center

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

639

Businesses Nearby

Explore this area Business Placement

Demographics for 38106, TN

22,394

Population

11,630

Households

1.9

Avg Household Size

41

Median Age

12%

College-Educated

83%

High-School Grad

10.4 sq mi

ZIP Area

2,153

Density / Sq Mi

$29,818

Median Household Income

$30,101

Median Earnings

$915

Median Rent

$66,400

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - 17 +/- acre redevelopment site in Memphis, Tennessee.

Where is this commercial land located?

The property is located at 690 Mississippi Blvd Memphis, TN.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Large urban redevelopment site spanning 17 +/- parcels.; Anchor to the City of Memphis' redevelopment vision.; Located within the South City Plan area.