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2451 Summer Ave
Memphis, TN 38112
Land For Sale · 0.81 AC

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INVESTMENT HIGHLIGHTS

  • Signalized hard corner in Midtown Memphis Immediate access to I-40 and Poplar Avenue Near Overton Park, Memphis Zoo, Levitt Shell
  • Medical District: 20,000+ jobs, 10,000 students Downtown Memphis: 89,000+ white-collar jobs Poplar/I-240 Office Hub: 100,000+ jobs
  • Summer Avenue: 30,304+ VPD North Hollywood Street: 10,820+ VPD East Parkway: 34,675+ VPD I-40/Sam Cooper: 32,438+ VPD Poplar Avenue: 27,646+ VPD

EXECUTIVE SUMMARY

This property represents a prime commercial development opportunity in Midtown Memphis, one of the city’s most active corridors. Located at a high-traffic, signalized intersection, the site benefits from strong visibility and connectivity. The Memphis MSA is the fifth-largest metro in the Southeast, supported by a diverse economic base and over $14 billion in capital investment projects currently underway. Its proximity to major employment centers—including the Medical District, Downtown Memphis, and the Poplar/I-240 office hub—makes this location ideal for businesses seeking growth in a thriving market.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.81 AC
Zoning CH

1 LOT AVAILABLE

Lot

Price $550,000
Price Per AC $679,012.35
Lot Size 0.81 AC

**Signalized Hard Corner Lot!** - a .81 AC corner lot in the heart of Central Memphis's thriving Midtown area. Zoned for commercial use, with 184' of frontage on Summer Ave

DESCRIPTION

The property is located at 2451 Summer Avenue, Memphis, TN 38112, positioned at a signalized hard corner at Summer Avenue and North Hollywood Street. It spans approximately 0.81 acres (35,284 SF) with frontage of 184 feet along Summer Avenue and 195.5 feet along North Hollywood Street. The site is zoned CH Commercial, offering flexibility for various commercial development opportunities. Its central Midtown Memphis location provides excellent visibility and accessibility, with immediate access to major routes including I-40 and Poplar Avenue. The surrounding area features vibrant neighborhoods, retail establishments, and proximity to cultural and recreational landmarks such as Overton Park, Memphis Zoo, and the Broad Avenue Arts District.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-3001-0-0011C
Land Assessment
$93,760
Improvements Assessment
$0
Total Assessment
$93,760
  • Listing ID: 38692516

  • Date on Market: 12/8/2025

  • Last Updated:

  • Address: 2451 Summer Ave, Memphis, TN 38112

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