683 4Th St Memphis, TN 38126
This exceptional 11.6-acre property in Memphis, Tennessee, presents a rare development opportunity in the thriving South Downtown Business Park. Located at 670 S 4th St, zip code 38126, this site boasts 14 lots and offers unparalleled access to major transportation arteries, including Memphis International Airport, the Port of Memphis, and the BNSF Intermodal Yard. Its strategic position within the heart of the city places it in close proximity to established businesses such as AutoZone, FedEx, and Ghost River Brewing Co., ensuring high visibility and strong traffic counts. The surrounding area demonstrates robust growth, with a population exceeding 70,000 residents within a 3-mile radius. This diverse, mixed-use zoning allows for a wide range of development possibilities, catering to the needs of a dynamic and expanding urban landscape. The property's size and location make it an ideal investment for developers seeking to capitalize on Memphis's burgeoning commercial and residential sectors. This is a truly unique opportunity to acquire a significant land parcel in one of Memphis's most desirable and rapidly developing areas. The lot size falls within the range of 0.5 to 12 acres.
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
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.