LOT SIZE 0.800 acres
MLS#10218351
STATUSActive
PROPERTY TYPELand - Lot/Land
SUBDIVISIONBLK 50
NEIGHBORHOODSouth Bluffs-Downtown
Property Description
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. See associated documents for 4th and Pontotoc brochure.
Property Features
Property Type: Land - Lot/Land
Lot Size: 0.80 Acres
Feature Descriptions
Lot: Level
Lot Dimensions: 50X164 + 17.53/103 X 140+37+125/300 + 40 X 200
Road Frontage: Paved
Utilities: Electricity, Natural Gas, Public Sewer, Public Water, Telephone
Listed By / Shown By
Listed By
Agency Name: mlsAssist
Shown By
Agent Name: Kathryn Garland
Agent Phone: (901) 644-8751
Agency Title: Crye-Leike Real Estate Services
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 2,328.44 per month $2,058.65 Principal & Interest $0.00 Property Tax (data not provided by mls) $269.79 Homeowner's InsuranceChange Payment Information
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386 E Pontotoc Ave | MLS# 10218351
This land located at 386 E Pontotoc Ave, Memphis, TN 38126 is currently listed for sale with an asking price of $925,000. The property has approximately 0.80 Acres. Search South Bluffs-downtown real estate on www.kathryngarland.com today.