337 S 4th St, Memphis, TN 38126

Listing agent Darrell Cobbins License #278933

Listing office Universal Commercial Real Estate LLC

Listing date Aug 16, 2024

Source Crexi

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Overview

This property, situated in a Federal Qualified Opportunity Zone in Memphis, TN, presents a development opportunity in a flourishing area. The site is suitable for innovative redevelopment. Located in an Opportunity Zone, this site provides the chance to capitalize on tax incentives and drive impactful community development. The property is positioned in downtown Memphis, near cultural and entertainment attractions, including the FedEx Forum, and Beale Street with its blues clubs, restaurants, and shops. The National Civil Rights Museum is also nearby. Tom Lee Park provides a riverside setting for recreation. The area offers a variety of dining and shopping options. The site is positioned to be the ideal development right in the middle of everything in downtown Memphis. It is ideal for residential and mixed-use development opportunities and for investors looking for rental income or redevelopment potential in a rapidly growing area. The neighborhood is experiencing revitalization and economic growth, making it a smart long-term investment.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Memphis

County

Shelby

State

Tennessee

Longitude

-90.0501751

Latitude

35.1350903

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FAQs

What type of property is this?

Commercial land - Prime development site in downtown Memphis Opportunity Zone.

Where is this commercial land located?

The property is located at 337 S 4th St Memphis, TN.

What are key features of this property?

This property features: Located in a Federal Qualified Opportunity Zone, offering significant tax incentives.; Prime location in downtown Memphis, a rapidly growing area.; Proximity to major attractions like Beale Street and FedEx Forum.