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0 Faxon Ave 0.56 Acres of Commercial Land Offered at $20,000 in Memphis, TN 38112
INVESTMENT HIGHLIGHTS
- Nearby Traffic Counts: Summer Avenue: 30,304+ East Parkway: 34,675+ I-40/Sam Cooper: 32,438+ Poplar Avenue: 27,646+
- Demographics (5-mile radius): Population: 228,764 Households: 101,849 Average HH Income: $81,980
- Proximity to Key Locations: Downtown Memphis: 5 miles Overton Square: 4.6 miles Memphis Zoo: 1.7 miles Crosstown Concourse: 2 miles
EXECUTIVE SUMMARY
Introducing a prime investment opportunity in Memphis, TN! Located at 0 Faxon Avenue, this .56-acre lot offers 24,263 square feet of potential for just $20K. Situated in a high-traffic area near major routes like East Parkway and I-40, this property presents a strategic position for realizing your real estate aspirations. The surrounding Faxon Avenue neighborhood boasts a thriving community with close proximity to Downtown Memphis, Overton Square, Memphis Zoo, and Crosstown Concourse. Demographics show a strong population base and healthy household incomes in the area, making it an attractive location for various development possibilities. Don't miss out on this opportunity to secure a valuable piece of land in a rapidly growing area with excellent commuter access and strong local amenities. Reach out today to learn more about how 0 Faxon Avenue can be the perfect addition to your investment portfolio.
PROPERTY FACTS
| Price | $20,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.56 AC |
| Property Type | Land |
| Price | $20,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.56 AC |
1 LOT AVAILABLE
Lot
| Price | $20,000 | Lot Size | 0.56 AC |
| Price Per AC | $35,714.29 |
| Price | $20,000 |
| Price Per AC | $35,714.29 |
| Lot Size | 0.56 AC |
Positioned near key traffic corridors and prominent city landmarks, the property offers excellent accessibility and visibility.
DESCRIPTION
The property is located at 0 Faxon Avenue, Memphis, TN 38112. It consists of a 0.56-acre lot with a total area of 24,263 square feet. The site is situated near major thoroughfares including Summer Avenue, East Parkway, and Sam Cooper Boulevard, providing convenient access to Downtown Memphis (approximately 5 miles away), Overton Square (4.6 miles), Memphis Zoo (1.7 miles), and Crosstown Concourse (2 miles). The surrounding area features a mix of retail establishments such as Family Dollar, Subway®, and gas stations, making it a well-connected urban location.
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0 Faxon Ave
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