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2491 Joy Ln - Tennessee Learning Academy 34,029 SF Health Care Building Offered For Sale in Memphis, TN 38114

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Executive Summary

A rare, large-format commercial building in a high-demand redevelopment area. With flexible zoning, institutional layout, and below-market historical pricing, 2491 Joy Lane is positioned for significant upside through conversion to housing, community services, or specialized programs.

Offering Memorandum

Property Facts

Sale Type	Investment	Building Size	34,029 SF
Sale Condition	Redevelopment Project	No. Beds	1
Property Type	Health Care	No. Stories	3
Property Subtype	Skilled Nursing Facility Healthcare Assisted Living Healthcare Continuing Care Retirement Community Healthcare Rehabilitation Center	Year Built	1969
Building Class	B	Parking Ratio	1.56/1,000 SF
Lot Size	1.81 AC
Zoning	CMU-3

Sale Type	Investment
Sale Condition	Redevelopment Project
Property Type	Health Care
Property Subtype	Skilled Nursing Facility Healthcare Assisted Living Healthcare Continuing Care Retirement Community Healthcare Rehabilitation Center
Building Class	B
Lot Size	1.81 AC
Building Size	34,029 SF
No. Beds	1
No. Stories	3
Year Built	1969
Parking Ratio	1.56/1,000 SF
Zoning	CMU-3

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Aerial
Map

2491 Joy Ln, Memphis, TN - Aerial map view

Somewhat walkable

30/100

Exceptionally drivable

100/100

Limited public transit

30/100

Somewhat bikeable

20/100

Source: Local Logic^®

Property Taxes

Parcel Number	06-0137-0-0163	Improvements Assessment	$145,520
Land Assessment	$34,520	Total Assessment	$180,040

Property Taxes

Parcel Number

06-0137-0-0163

Land Assessment

$34,520

Improvements Assessment

$145,520

Total Assessment

$180,040

(901) 881-2070

Contacts

Jackie Braden
Curtis Braden, CCIM
Braden Braden & Braden LLC

Listing ID: 41077462
Date on Market: 6/26/2026
Last Updated:
Address: 2491 Joy Ln, Memphis, TN 38114

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2491 Joy Ln, Memphis, TN for sale Building Photo- Image 1 of 7 — Renovation Ready Shell

2491 Joy Ln, Memphis, TN for sale Site Plan- Image 2 of 7 — AI Rendering

2491 Joy Ln, Memphis, TN for sale Building Photo- Image 3 of 7 — Shell

2491 Joy Ln, Memphis, TN for sale Other- Image 4 of 7 — Hotel Prior Usage

2491 Joy Ln, Memphis, TN for sale Lobby- Image 5 of 7 — Prior Usage

2491 Joy Ln, Memphis, TN for sale Aerial- Image 6 of 7 — Building Photo

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2491 Joy Ln - Tennessee Learning Academy

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