Corner Property For
For Sale
Contact for pricing
Pending
903 S 3rd St, Memphis, TN 38106
Redevelopment opportunity at the intersection of S. Third and Gilbert.
Property SizeContact for details
Days on Market1313
Property Features for 903 S 3rd St
General Information
Standard status
Pending
Class
D
Property subtype
Retail
Zoning
CMU1
Building Details
Year Built
1920
Buildings
1
Listing Agency:
Crye-Leike Commercial Memphis
Listed By:
Cathy Anderson · License #TN TN
Source:
Crexi
Added: Jan 31, 2023
Changed: Aug 20
Last Checked: Sep 4 at 2:36PM
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 Crye-Leike Commercial Memphis
Investment Insights
Based on property information with market context.
This corner property, offered for sale, presents a redevelopment opportunity at the intersection of S. Third Street and Gilbert Street. The existing building, constructed in 1920, currently has month-to-month tenants. The property is being sold in "as-is" condition, intended for land use or redevelopment. It features an approximate frontage of 228 feet along S. Third Street and a depth of 179 feet on Gilbert Street. The property is zoned CMU1.
Key Highlights
- Prime corner lot location at the intersection of S. Third Street and Gilbert Street.
- Ideal for redevelopment purposes.
- CMU1 zoning.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Explore this area
Business Placement
Demographics for 38106, TN
22,394
Population
11,630
Households
1.9
Avg Household Size
41
Median Age
12%
College-Educated
83%
High-School Grad
10.4 sq mi
ZIP Area
2,153
Density / Sq Mi
$29,818
Median Household Income
$30,101
Median Earnings
$915
Median Rent
$66,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Redevelopment opportunity at the intersection of S. Third and Gilbert.
Where is this commercial land located?
The property is located at 903 S 3rd St Memphis, TN.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Prime corner lot location at the intersection of S. Third Street and Gilbert Street.; Ideal for redevelopment purposes.; CMU1 zoning.
