University of Memphis Land FOR SALE

Vacant Land for Sale
Catylist Listing ID: 29989129
Property Subtypes: Agricultural, Office, Residential (Single Family), Retail, Other
Gross Land Area: 0.57 Acres
Sale Price: $249,000
Unit Price: $436,842 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/20/2018

Overview / Comments

Please contact the agent for more information about this listing.

Additional Details

Nearest MSA: Memphis
County: Shelby
Taxing Authority: Memphis, TN
Tax ID/APN: 045121 00020 and 045121 00019
Zoning: CMU-1
Property Located Between: Southern @ Ellsworth
Property Visibility: Excellent
Largest Nearby Street: Highland
Feet of Frontage: 200
Site Description: This property includes 2 parcels - 3440 Southern and 0 Ellsworth St.
Area Description: University of Memphis Area / Buntyn Historical District - - this is a thriving area that has experienced major growth in the past 5 years.
Lot Frontage: 200
Lot Depth: 120
Zoning Description: Commercial Mixed Use - 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
Easements: Ingress/Egress
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,606 124,775 300,561
Median Age: 31.58 34.72 34.58
Households: 8,370 51,513 119,608


Photograph of Listing Agent

Jeff Waddell

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