688 Chelsea Ave - Chelsea Ave Land
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688 Chelsea Ave - Chelsea Ave Land
4.07 Acres of Commercial Land Offered at $1,750,000 in Memphis, TN 38107
Investment Highlights
- Memphis 3.0 concentration area
- Not many large contiguous sites available in area
- Near bus line, major intersection of Danny Thomas and Chelsea
Executive Summary
Seller is willing to partner on a development, 99 year land lease, or outright sell. LIHTC, CDBG, Housing Trust Fund, Pilot Agreements
Property Facts
| Price | $1,750,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| Sale Conditions | Redevelopment Project | Total Lot Size | 4.07 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $1,750,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.07 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $1,750,000 | Lot Size | 4.07 AC |
| Price Per AC | $429,975 |
| Price | $1,750,000 |
| Price Per AC | $429,975 |
| Lot Size | 4.07 AC |
4.07 Acres assembled, Land bordered by Chelsea, Tully, and Woodlawn
Description
+/- 4.07 acres. Uptown Redevelopment Area. Flat ready for redevelopment. Incentives available
zoning
| Zoning Code | Uptown (Uptown Zoning) |
| Uptown (Uptown Zoning) |
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688 Chelsea Ave - Chelsea Ave Land
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