Property summary
This exceptional 20x100 foot vacant lot presents a remarkable opportunity for development in the vibrant city of Memphis, Tennessee. Located at the corner of Young and Hollywood Streets, this property boasts a highly desirable location in Shelby County, zip code 38111. The lot's dimensions provide ample space for a variety of construction projects, making it ideal for residential, commercial, or mixed-use development. Its convenient corner location offers excellent visibility and accessibility, enhancing its potential for attracting customers or residents. The property is currently vacant, providing a clean slate for your vision. Situated in a dynamic area of Memphis, this lot offers significant potential for appreciation and return on investment. With its strategic location and generous size, this land parcel represents a rare opportunity to acquire a prime piece of real estate in a thriving urban setting. The address is 478 Hollywood St, Memphis, TN 38111. The asking price is $12,000. This is a second lot south of Young Street. This property is classified as Lots & Land, Other. The coordinates are 35.119182 latitude and -89.975787 longitude. Don't miss this chance to secure this valuable asset in a rapidly growing market.
Property profile
VerifiedCap rate & NOI
Current use
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Marketing & Advertising
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Hardware & Home Improvement Building Supply
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(Bike/Boat/Book/etc) Store
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Logistics Company Freight Service
Value estimations
Owner & transaction history
Zoning & alternative use
PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recycling Drop-off Facility □ □ □ Neighborhood Garden ■ ■ ■ ■ ■ ■ Planned Development1 □ □…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CMU-1 · Memphis, TNPRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recycling Drop-off Facility □ □ □ Neighborhood Garden ■ ■ ■ ■ ■ ■ Planned Development1 □ □…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CMU-1 in Memphis, TN.
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Find the owner behind the property.
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