386 E Pontotoc Ave, Memphis, TN 38126
- $925,000
- List Price
- $925,000
- MLS#
- 10218351
- Property Type
- Land
- Lot Size
- 50X164 + 17.53/103 X 140+37+125/300 + 40 X 200
- Status
- ACTIVE
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.
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Additional Information
- Acres
- 0.80
- Improvements
- Other (See REMARKS)
- Legal Subdivision
- Blk 50
- Location
- City
- Lot
- 6,4 Pts2&3
- Lot Size
- 50X164 + 17.53/103 X 140+37+125/300 + 40 X 200
- Present Usage
- None/Vacant
- Shape
- Regular
- Subdivision
- BLK 50
- Subtype
- Land
- Utilities
- Electricity, Natural Gas, Public Sewer, Public Water, Telephone
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