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    3545 Southern Ave Memphis, TN 38111

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    3545 Southern Ave Memphis, TN 38111


    • Specialty properties
    • 3,216 SF
    • 0.30 lot acres
    Development Opportunity: Two Lots For Sale
    $550,000
    0.61 Acres

    Development Opportunity: Two Lots

    Two lots totaling approximately 0.61 acres, development opportunity.

    3545 Southern Ave, Memphis, TN 38111
    View Listing
    Property ID
    US80-0167308
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Nollner Carondelet / Veterinary Clinic

    Property Details for 3545 Southern Ave

    Year built
    1926
    Lot size
    0.30 lot acres
    Property size
    3,216 SF
    Zone code
    CMU-2
    Property type
    Specialty properties
    APN
    046-011- - -00001
    APU
    4601100001

    Description

    This exceptional 0.61-acre property, encompassing two lots located at 3545 & 3549 Southern Avenue in Memphis, Tennessee (zip code 38111), presents a remarkable development opportunity. Situated in Shelby County, this land is zoned for commercial and residential use, making it highly versatile. The asking price is $550,000. Its strategic location within the University of Memphis's expanding area makes it particularly attractive for projects targeting student housing. The University District Overlay zoning allows for the construction of buildings up to five stories high, offering significant potential for multi-family development. This prime location offers excellent access to the university and surrounding amenities, promising strong rental demand. The combined 0.61 acres provide ample space for a substantial project. This is a rare chance to acquire a well-positioned property with significant upside potential in a thriving Memphis neighborhood. Serious inquiries are encouraged.


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    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.944
    Latitude
    35.1152
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $5,363
    $18,200
    $69,840
    $88,040
    -
    $45,500
    $174,600
    $220,100
    View Listing
    More about this property
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