PRIME DEVELOPMENT OPPORTUNITY in the heart of downtown Memphis. This is a combination of 3 lots, totaling ±34,670 square foot (±0.8 acre). The site is ideally located at 4th & Pontotoc, near Fed Ex Forum and one block from Beale Street within the Sports & Entertainment District. Zoned for mixed-use and residential development, the property is well-suited for a boutique infill project including luxury condominiums, apartments, or a parking structure. The site is also located within a designated Opportunity Zone and benefits from significant nearby public and private investment. Adjacent parcels may be purchased for additional future assemblage potential. Rare opportunity to acquire a strategically located development site in one of Memphis’ most active and evolving districts.
- Country:
- US
- State:
- TN
- County:
- Shelby
- City:
- Memphis
- Subdivision:
- BLK 50
- Zipcode:
- 38126
- Street:
- PONTOTOC
- Street Number:
- 386
- Street Suffix:
- AVE
- Floor Number:
- 0
- Longitude:
- W91° 57' 4.7''
- Latitude:
- N35° 8' 10.9''
- Directions:
- Located in vicinity of the intersection of 4th & Pontotoc Ave, near Fed Ex Forum and one block from Beale Street.
- Address Direction:
- E
- Agent ID:
- 7919
- Status:
- Active
- Type:
- Land
- Lot Size:
- 50X164 + 17.53/103 X 140+37+125/300 + 40 X 200
Land For Sale
386 PONTOTOC AVE, Memphis, Tennessee 38126
- Property Type :
- Land
- Listing Type :
- For Sale
- Listing ID :
- 10218351
- Price :
- $925,000
- Bedrooms :
- 0
- Bathrooms :
- 0
- Half Bathrooms :
- 0
- Square Footage :
- 0 Sqft
- Year Built :
- 0
- Lot Area :
- 0.80 Acre
- Status :
- Active
- Days On Market :
- 2
