1414 Court Ave Memphis, TN 38104
- Commercial real estate
- 1.67 lot acres
Current Use by Public Records
- Washington Bottoms Community Garden / Community Garden
Property Details for 1414 Court Ave
- Lot size
- 1.67 lot acres
- Property type
- Commercial real estate
- APN
- 017021 00024C
Description
This exceptional 1.67-acre commercial land parcel presents a remarkable development opportunity in the vibrant Midtown Memphis area. Located at 1414 Court Avenue, Memphis, TN 38104 (APN: 017021 00024C), this fee simple property is zoned RU-4, offering significant flexibility for various projects. The RU-4 zoning designation specifically permits a wide range of residential development options, including single-family attached dwellings (townhouses) and multifamily structures such as large homes, stacked townhouses, and apartments. This zoning is characteristic of infill or redevelopment areas where similar housing types are already established, suggesting a seamless integration into the existing neighborhood fabric. The property's prime location within Midtown Memphis, coupled with its substantial size, makes it an ideal site for a high-impact development catering to the area's growing demand for housing or retail spaces. The asking price is $740,000. This represents a compelling investment opportunity in a thriving urban core. Serious inquiries are encouraged to explore the full potential of this exceptional property. The property is situated in an opportunity zone, offering potential tax advantages. Detailed zoning information and site plans are available upon request.
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
- -90.013477
- Latitude
- 35.140339
