0 E Blvd Memphis, TN 38104
This exceptional .49-acre commercial lot sits at the high-traffic corner of East Street and E.H. Crump Blvd in Memphis, Tennessee, zip code 38104. Previously utilized as parking for the well-known Justine's restaurant, this property boasts excellent visibility and accessibility. Its prime location offers significant advantages for a variety of commercial ventures. The lot is zoned for commercial use, providing flexibility for diverse business types. Situated in Shelby County, this property benefits from proximity to downtown Memphis, the Mississippi River, and popular attractions including the National Civil Rights Museum, Beale Street, and Graceland. This presents a unique opportunity to establish a business in a vibrant and historically significant area of Memphis. The asking price for this exceptional property is $150,000. Don't miss this chance to acquire a piece of Memphis real estate with immense potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.