Memphis Development
For Sale
Contact for pricing
705 S Main St, Memphis, TN 38103
Land available in Memphis's thriving corridor, ideal for multifamily development.
Property SizeContact for details
Days on Market987
Property Features for 705 S Main St
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Jones Aur Commercial Real Estate
(901) 538-6363
Listed By:
Wriley Gillen · License #TN 368080
Source:
Crexi
Added: Nov 28, 2023
Changed: Aug 8
Last Checked: Aug 8 at 11:22AM
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 Jones Aur Commercial Real Estate
Investment Insights
Based on property information with market context.
This property presents a development opportunity within Memphis’ coveted bluff view corridor. Situated just south of Downtown Memphis, the location is surrounded by retailers, residences, and apartment complexes. The site is adjacent to the CN Main Line that serves Memphis Central Station, the Amtrak stop for the City of New Orleans passenger route. Nearby attractions include Beale Street, the FedEx Forum, the Memphis Farmer's Market, MALCO Powerhouse, Big River Crossing, Ghost River Brewing Co., Wiseacre Brewing Co., Loflin Yard, The Orpheum, and Charlie Vergos' Rendezvous. Traffic counts are as follows: E. H. Crump Blvd (14,569 AADT), S B.B. King Blvd (19,830 AADT), and I-55 (61,459 AADT). The property has prime potential for multifamily development.
Key Highlights
- Prime potential for multifamily development in a coveted bluff view corridor.
- Situated near thriving retailers, elegant residences, and chic apartment complexes.
- Adjacent to the CN Main Line and close to Memphis Central Station (Amtrak).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,426
Businesses Nearby
Explore this area
Business Placement
Demographics for 38103, TN
14,739
Population
8,811
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
2.7 sq mi
ZIP Area
5,459
Density / Sq Mi
$75,763
Median Household Income
$60,918
Median Earnings
$1,575
Median Rent
$380,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land available in Memphis's thriving corridor, ideal for multifamily development.
Where is this residential land & home lot located?
The property is located at 705 S Main St Memphis, TN.
What are key features of this property?
This property features: Prime potential for multifamily development in a coveted bluff view corridor.; Situated near thriving retailers, elegant residences, and chic apartment complexes.; Adjacent to the CN Main Line and close to Memphis Central Station (Amtrak).
