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3545 Southern Ave - 3545 & 3549 Southern Ave. 0.61 Acres of Commercial Land Offered at $550,000 in Memphis, TN 38111
EXECUTIVE SUMMARY
Excellent Development Opportunity.
Two Lots totaling approximately .61 AC
Perfect for Multi Family or Student Housing
This property is included in the University District Overlay allowing a building of up to 5 stories
Located in the heart of the University of Memphis sprawl.
Two Lots totaling approximately .61 AC
Perfect for Multi Family or Student Housing
This property is included in the University District Overlay allowing a building of up to 5 stories
Located in the heart of the University of Memphis sprawl.
PROPERTY FACTS
| Price | $550,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.66 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $550,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.66 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $550,000 | Lot Size | 0.61 AC |
| Price Per AC | $901,639.34 |
| Price | $550,000 |
| Price Per AC | $901,639.34 |
| Lot Size | 0.61 AC |
Two Lots totaling approximately .61 AC
1 1
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $81,960 | |
| Land Assessment | $42,440 | Total Assessment | $124,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$42,440
Improvements Assessment
$81,960
Total Assessment
$124,400
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3545 Southern Ave - 3545 & 3549 Southern Ave.
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