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1870 Chelsea Ave 1.22 Acres of Commercial Land Offered at $275,000 in Memphis, TN 38108
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
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
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1870 Chelsea Ave
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