Vance Ave Memphis, TN 38126
- Land
- 0.40 lot acres
Current Use by Public Records
- Land
Property Details for 0 Vance Ave
- Lot size
- 0.40 lot acres
- Property type
- Land
Description
This exceptional 0.4-acre commercial lot presents a remarkable investment opportunity in Memphis' thriving South City/South Forum area, within the Central Business Improvement District (CBID). Situated on a highly visible corner along the Vance Avenue corridor, this property benefits from its proximity to recent multi-million dollar developments, including FedEx Logistics' new headquarters and the expansive Wiseacre Brewery and taproom. The location offers unparalleled access to entertainment venues such as FedEx Forum and Beale Street, renowned for its vibrant nightlife and diverse culinary scene. Nearby, several high-profile hotels cater to a constant influx of visitors. This property's strategic position within a Qualified Opportunity Zone and New Markets Tax Credit Census Tract further enhances its investment appeal. The site's potential is amplified by the availability of adjacent parcels (separately owned), allowing for the possibility of larger-scale development projects. Don't miss this chance to capitalize on the continued growth and revitalization of Downtown Memphis. This is one of the last remaining undeveloped sections of the CBID, making this a truly unique opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0433
- Latitude
- 35.1346
