337 S 4Th St Memphis, TN 38126
For Sale
This exceptional 0.26-acre lot presents a unique investment opportunity in the heart of downtown Memphis, Tennessee. Situated within a federally designated Opportunity Zone, this property offers significant tax advantages for developers seeking to capitalize on its prime location and revitalization potential. The site's proximity to Beale Street, the FedEx Forum, and the National Civil Rights Museum provides unparalleled access to Memphis' vibrant cultural scene and tourist attractions. Its central location offers easy access to a variety of amenities, including restaurants, shops, and recreational spaces like Tom Lee Park. This versatile lot is well-suited for a range of development projects, including residential, commercial, or mixed-use constructions, catering to the growing demand for housing and commercial spaces in this rapidly developing area. The property's location within a thriving neighborhood undergoing significant economic growth makes it an attractive prospect for investors seeking both short-term and long-term returns. The potential for rental income or redevelopment further enhances its appeal. This is a rare chance to contribute to the ongoing transformation of downtown Memphis while benefiting from substantial tax incentives. The property's APN is 005027 00010, and it is located at 337 S 4th St, Memphis, TN 38126. The property is being sold by owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
SDR · Memphis, TNMemphis. Always verify with local authorities before improvements.
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.