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South Downtown Memphis Development Site 3 Industrial Properties Offered at $3,950,000 in Memphis, TN
Investment Highlights
- Great redevelopment opportunity
- 2.45 acres
Executive Summary
Sale Includes 3 properties: The Site totals 2.45 acres of Land.
61 W Georgia -– 57,500 sf building on .645 acres after alley closing – Current Acreage - .590 acres
92 W Carolina - 1.16 acres after alley closing – Current Acreage – 1.076
78 W Carolina - .635 acres after alley closing – Current Acreage - .582
This is a great site with South Bluffs on The North – State Place Condos on the East and Carolina Lofts Condos on the South. You can see this is a small pocket of undeveloped property on the South End.
61 W Georgia -– 57,500 sf building on .645 acres after alley closing – Current Acreage - .590 acres
92 W Carolina - 1.16 acres after alley closing – Current Acreage – 1.076
78 W Carolina - .635 acres after alley closing – Current Acreage - .582
This is a great site with South Bluffs on The North – State Place Condos on the East and Carolina Lofts Condos on the South. You can see this is a small pocket of undeveloped property on the South End.
Property Facts
| Price | $3,950,000 | Number of Properties | 3 |
| Price / SF | $38.01 / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 103,920 SF |
| Sale Type | Investment | Total Land Area | 2.03 AC |
| Status | Active |
| Price | $3,950,000 |
| Price / SF | $38.01 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 103,920 SF |
| Total Land Area | 2.03 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Hoover Building
61 W Georgia Ave, Memphis, TN 38103 |
Industrial | 57,500 SF | 1900 | - |
| 92 W Carolina Ave, Memphis, TN 38103 | Industrial | 29,720 SF | 1949 | - |
|
Mid South Casters & Equipment
78 W Carolina Ave, Memphis, TN 38103 |
Industrial | 16,700 SF | 1981 | - |
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South Downtown Memphis Development Site
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