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1870 Chelsea Ave
Memphis, TN 38108
Land For Sale
·
1.22 AC
INVESTMENT HIGHLIGHTS
- 1.22 Acres (±53,143 SF) of cleared, commercially zoned land
- Strategic Location – Minutes from downtown Memphis, Central Station, and major employment hubs
- Dense Surrounding Trade Area with 36 shopping centers and 43 stores within 1 mile
- Signalized Corner Lot offering high visibility and dual street access
- High Traffic Counts Nearby – Over 10,000 VPD on University St
- Ideal for Developers, Owner-Users, or Net Lease Operators targeting underserved retail corridors
EXECUTIVE SUMMARY
This is a fee-simple offering of a high-exposure corner parcel in an active Memphis corridor. The 1.22-acre site is cleared and build-ready, with utilities at the street (buyer to verify). With zoning already in place, the lot supports a range of uses from fuel/convenience retail to multi-tenant strip development. Surrounded by national retailers, local service providers, and growing residential demand, this site is strategically positioned to meet the needs of an underserved market. Ownership is motivated and open to offers.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $275,000 | Lot Size | 1.22 AC |
| Price Per AC | $225,409.84 |
| Price | $275,000 |
| Price Per AC | $225,409.84 |
| Lot Size | 1.22 AC |
1.22-acre cleared commercial lot at signalized corner of Chelsea Ave and N McLean. Zoned for retail, gas station, or QSR. Flat, build-ready site with street access and strong visibility in North Memphis.
DESCRIPTION
1870 Chelsea Ave is a 1.22-acre (±53,143 SF) commercial lot located at a signalized corner in North Memphis. The site is cleared, flat, and development-ready with street access from both Chelsea Ave and N McLean Blvd. Zoned for a wide range of commercial uses, it is ideal for a convenience store with gas station, retail strip, drive-thru QSR, or service-oriented business. Its location offers strong visibility, consistent traffic, and proximity to dense residential and commercial activity.
PROPERTY TAXES
| Parcel Number | 04-1001-0-0122 | Improvements Assessment | $0 |
| Land Assessment | $8,680 | Total Assessment | $8,680 |
PROPERTY TAXES
Parcel Number
04-1001-0-0122
Land Assessment
$8,680
Improvements Assessment
$0
Total Assessment
$8,680
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