705 Main St Memphis, TN 38103
- Land
- 0.76 lot acres
Current Use by Public Records
- Land
Property Details for 705 Main St
- Lot size
- 0.76 lot acres
- Property type
- Land
Description
This exceptional 0.76-acre commercial land parcel presents a rare development opportunity in the highly sought-after Bluffview Residential District of Downtown Memphis. Located at 705 S Main St, Memphis, TN 38103, this property boasts fully approved site plans, ideal for multifamily construction. Its prime location places it amidst a vibrant mix of thriving retail businesses, upscale residences, and stylish apartment complexes, ensuring high demand and strong potential returns. The site benefits from excellent visibility and accessibility, with close proximity to major attractions such as Beale Street, FedEx Forum, Memphis Farmer's Market, and numerous breweries and entertainment venues. Furthermore, its strategic position offers convenient access to key transportation arteries, including E. H. Crump Blvd (14,569 AADT), S B.B. King Blvd (19,830 AADT), and I-55 (61,459 AADT), guaranteeing high traffic counts and significant exposure. This is an unparalleled chance to capitalize on the burgeoning growth and desirability of Downtown Memphis's thriving South Main area. Don't miss this exceptional opportunity to develop a landmark project in one of Memphis's most dynamic neighborhoods. The property is situated in Shelby County and offers significant potential for investors seeking a high-impact development project.
Value Estimations
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AI approach
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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
- -90.0596
- Latitude
- 35.1276