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903 3rd - 903 S Third Street 0.84 Acres of Commercial Land Offered at $199,000 in Memphis, TN 38106
Executive Summary
Corner property for Sale!
Ideal for redevelopment at the intersection of S. Third Street and Gilbert Street. Existing building, constructed in 1920, has month-to-month tenants in place. Property being sold “as-is” for land use/redevelopment.
Approximate frontage of 228’ along S. Third and 179’ deep on Gilbert.
Zoned CMU1.
Ideal for redevelopment at the intersection of S. Third Street and Gilbert Street. Existing building, constructed in 1920, has month-to-month tenants in place. Property being sold “as-is” for land use/redevelopment.
Approximate frontage of 228’ along S. Third and 179’ deep on Gilbert.
Zoned CMU1.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $199,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 0.84 AC |
| Property Type | Land | Cross Streets | Gilbert |
| Zoning | CMU1 - Commercial | ||
| Price | $199,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 0.84 AC |
| Cross Streets | Gilbert |
| Zoning | CMU1 - Commercial |
1 Lot Available
Lot
| Price | $199,000 | Lot Size | 0.84 AC |
| Price Per AC | $236,904.76 |
| Price | $199,000 |
| Price Per AC | $236,904.76 |
| Lot Size | 0.84 AC |
1 1
Property Taxes
| Parcel Number | 03-2022-0-0001 | Improvements Assessment | $0 |
| Land Assessment | $8,000 | Total Assessment | $8,000 |
Property Taxes
Parcel Number
03-2022-0-0001
Land Assessment
$8,000
Improvements Assessment
$0
Total Assessment
$8,000
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903 3rd - 903 S Third Street
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