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    166 Blvd Memphis, TN 38106

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    For Sale
    Contact for pricing

    Prime location, two parcels available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    Two exceptional commercial land parcels are available for sale in the heart of Memphis, Tennessee. Located on E.H. Crump Boulevard, just west of the intersection with South 3rd Street (US-61), these properties offer unparalleled access to downtown amenities and major transportation routes. The parcels, totaling 0.70 acres and 0.51 acres respectively, are situated across the street from each other and can be purchased individually or as a combined offering. This presents a unique opportunity for developers and investors seeking a strategic foothold in a rapidly growing urban core. The estimated completion of the I-55 interchange at Crump Boulevard is projected for 2025, promising further enhancement of connectivity and accessibility. The area boasts a vibrant population, with over 26,000 residents in downtown Memphis alone. The South Main District and FedEx Forum are conveniently located within a three-minute drive. High traffic volume is assured, with E.H. Crump Boulevard recording an average annual daily traffic count of 9,362 vehicles. This prime real estate presents a compelling investment opportunity in a dynamic and thriving urban environment. The properties are situated in Shelby County, Tennessee, with a zip code of 38106, and are ideally suited for a variety of commercial developments. Don't miss this chance to acquire a piece of Memphis's burgeoning commercial landscape.

    Property Features for 166 Blvd

    General Information

    Property type
    Land
    Lot Size
    22,216 SF

    HighLights

    • 0.70‑acre and 0.51‑acre commercial land parcels available for sale.
    • Two adjacent parcels available for individual or combined purchase.
    • Properties can be purchased separately or together.
    • I‑55 interchange at Crump Blvd. completion estimated for 2025.
    • Downtown Memphis population exceeds 26,000 residents.
    • Three‑minute drive to South Main District and FedEx Forum.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0565879
    Latitude
    35.1251639

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    FAQs

    What type of property is this?
    Land - Prime location, two parcels available.
    Where is this land located?
    The property is located at 166 Blvd Memphis, TN.
    What are key features of this property?
    This property features: 0.70-acre and 0.51-acre commercial land parcels available for sale.; Two adjacent parcels available for individual or combined purchase.; Properties can be purchased separately or together.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    166 Blvd Memphis, TN 38106
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