Downtown Memphis Visible
For Sale
Contact for pricing
255 Vance Ave, Memphis, TN 38126
Visible lot in Downtown Memphis' CBID, near FedEx Forum.
Property SizeContact for details
Days on Market1424
Property Features for 255 Vance Ave
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Universal Commercial Real Estate LLC
(901) 249-9744
Listed By:
Darrell Cobbins · License #278933
Source:
Crexi
Added: Oct 4, 2022
Changed: Aug 16
Last Checked: Aug 26 at 7:35PM
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 Universal Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
This visible lot is located in the emerging South City/South Forum section of Downtown Memphis' CBID. The area has seen recent multi-million dollar investments to the north, south, east, and west. These include FedEx Logistics' new corporate headquarters, Wiseacre Brewery's new brewery and taproom, the Butler Row development, and multi-family development projects. This area is one of the last remaining sections of Downtown Memphis awaiting additional investment and development. Additional nearby parcels (separately-owned) are available for larger site assemblage. The property is within walking distance of FedEx Forum, home of the Memphis Grizzlies and U of M Tigers, which also hosts concerts and national performances. Beale Street, with its bars, restaurants, and live entertainment, is located due north. Nearby hotels include the recently opened Central Station Hotel, the Arrive Hotel, Westin Beale Street, and the new Hyatt Centric Beale Street.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,255
Businesses Nearby
Explore this area
Business Placement
Demographics for 38126, TN
5,717
Population
3,260
Households
1.8
Avg Household Size
32
Median Age
14%
College-Educated
82%
High-School Grad
1.9 sq mi
ZIP Area
3,009
Density / Sq Mi
$30,825
Median Household Income
$32,396
Median Earnings
$794
Median Rent
$59,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Visible lot in Downtown Memphis' CBID, near FedEx Forum.
Where is this commercial land located?
The property is located at 255 Vance Ave Memphis, TN.
