Corner Lot For Sale in Historic Vollintine Evergreen Neighborhood

Vacant Land for Sale
Catylist Listing ID: 30194450
Property Subtypes: Retail, Other
Gross Land Area: 0.52 Acres
Sale Price: $135,000
Unit Price: $259,615 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 12/18/2018

Overview / Comments

Corner location on highly trafficked Jackson at Evergreen (TDOT 2016 daily traffic count was ~16,206)

CMU-1 location allows for a variety of use.

Additional Details

Nearest MSA: Memphis
County: Shelby
Taxing Authority: Shelby County
Tax ID/APN: 036045 00019C
Zoning: CMU-1
Property Located Between: Belvedere and Auburndale
Property Visibility: Excellent
Legal Description: Lot Number: 102-103 Subdivision: TERRYS COLONIAL PL Parcel ID: 036045 00019C Plat BK & PG: 9-45 Dimensions: 0.5165AC 150X150 Total Acres: 0.52
Largest Nearby Street: Belvedere
Feet of Frontage: 150
Traffic/Vehicle Count: 16,206
Area Description: Historic Vollintine-Evergreen Neighborhood Vollintine-Evergreen is a 1920's era neighborhood, much of which is listed on the National Register of Historic Places. This Midtown neighborhood displays a diverse mixture of house styles, many usable green spaces, as well as beautiful street medians.
Lot Frontage: 150
Lot Depth: 150
Zoning Description: CMU-1 Commercial Mixed Use – 1 (CMU-1) The CMU-1 District is intended to provide for neighborhood serving commercial, office, and employment uses. Residential uses are encouraged above the ground floor. Compatible nonresidential uses should be located within walking distance to the established residential neighborhoods they are designated to serve. Auto-oriented uses are not appropriate in this district. Typical retail uses vary from 1,000 to 15,000 square feet of ground floor area.
Topography: Level
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,849 109,900 257,652
Median Age: 35.96 35.6 34.15
Households: 7,610 46,403 103,329


Photograph of Listing Agent

Jeff Waddell

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