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    2Nd St Memphis, TN 38107

    Sponsored
    For Sale
    $33,000

    Prime Memphis land; two parcels, $33,000.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional opportunity presents two contiguous parcels of land in Memphis, Tennessee, totaling an attractive investment for $33,000. Located at 0 Second St, Memphis, TN 38107 (Shelby County), this property offers significant potential for development or future investment. The combined parcels are identified as Parcel ID# 039030 00001C (the subject property of this listing) and Parcel ID# 039031 00002C (an adjacent parcel to the north). The property is being sold as a package deal for a total price of $33,000. It's important to note that the seller does not currently possess a survey or any additional documentation pertaining to the property. The geographic coordinates are 35.1653736 latitude and -90.0233208 longitude. Prospective buyers are strongly encouraged to conduct their own due diligence and obtain necessary surveys and documentation before finalizing any purchase. This is a unique opportunity to acquire land in a desirable Memphis location, and interested parties should act quickly. The property is classified as Lots & Land, Other. The absence of additional documentation presents a unique opportunity for buyers to shape the future of this land.

    Property Features for 0 2Nd St

    General Information

    Property type
    Land

    HighLights

    • $33,000 asking price for two parcels of land.
    • Located in Memphis, Tennessee, zip code 38107.
    • Property consists of two parcels, Parcel ID# 039030 00001C and Parcel ID# 039031 00002C.
    • Seller does not possess a survey or additional documentation.
    • Designated as Lots & Land, Other.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0233208
    Latitude
    35.1653736

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    FAQs

    What type of property is this?
    Land - Prime Memphis land; two parcels, $33,000.
    Where is this land located?
    The property is located at 2Nd St Memphis, TN.
    What is the asking price?
    The asking price for this property is $33,000.
    What are key features of this property?
    This property features: $33,000 asking price for two parcels of land.; Located in Memphis, Tennessee, zip code 38107.; Property consists of two parcels, Parcel ID# 039030 00001C and Parcel ID# 039031 00002C.
    Request Owner's contact information
    2Nd St Memphis, TN 38107
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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
    2Nd St Memphis, TN 38107
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