Opportunity Zone Lot For Sale or Lease | Downtown Memphis

337 S 4th St, Memphis, TN 38126

  • For Sale $500,000
  • Property Type VacantLand
  • Property Size 9,530 SF
  • Lot Size 0.26 Acre
  • Additional Rent Contact for pricing
  • Building Class C
  • Year Built 1920
  • Date Updated Oct 15, 2024
Discover the charm of downtown Memphis, TN, where the site is located. This vibrant area is home to a wealth of cultural and entertainment attractions, including the FedEx Forum, and historic Beale Street, full of lively blues clubs, restaurants, and shops. The renowned National Civil Rights Museum is nearby, offering a powerful educational experience for residents and visitors. For those who appreciate the outdoors, Tom Lee Park provides a beautiful riverside setting for recreation and relaxation. Additionally, the area boasts a variety of dining and shopping options, ensuring that tenants and employees will have every convenience at their fingertips. This site is positioned to be the ideal development right in the middle of everything in downtown Memphis! The site is within a Federally Qualified Opportunity Zone.Unleash the potential of this remarkable property located in a Federal Qualified Opportunity Zone in Memphis, TN. This site offers a prime opportunity for development in a flourishing area. The site presents a unique canvas for innovative redevelopment, ensuring a distinctive and captivating project. Located in an Opportunity Zone, this site provides the chance to capitalize on tax incentives and drive impactful community development. Seize the opportunity to transform this property into a signature development, aligning with the vision of the Opportunity Zone program and unlocking its full potential.

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Attachments

Highlights

  • - Located in an Opportunity Zone, offering tax incentives for development
  • - Proximity to Beale Street, FedEx Forum, and other tourist destinations
  • - Ideal for residential and mixed-use development opportunities
  • - Ideal for investors looking for rental income or redevelopment potential in a rapidly growing area.
  • - Positioned in a neighborhood experiencing revitalization and economic growth, making it a smart long-term investment.

Contacts

broker

Darrell Cobbins

Universal Commercial

Location

Getting Around

  • Walk Score ®

    76/100 Very Walkable
  • Transit Score ®

    45/100 Some Transit
  • Bike Score ®

    88/100 Very Bikeable
Powered by Walk Score ®
  • City Memphis, TN
  • Neighborhood Downtown Memphis
  • Zip Code 38126
  • Market Memphis

Points of Interest

  • Dr. Martin Luther King, Jr.

    0.41 miles

  • Huling

    0.45 miles

  • Beale Street

    0.45 miles

  • Butler

    0.49 miles

  • Peabody Place

    0.51 miles

  • Central Station

    0.54 miles

  • Beale Street Landing

    0.58 miles

  • Union

    0.59 miles

  • Huling Avenue

    0.61 miles

  • Exxon

    0.75 miles

  • Mobil

    0.78 miles

  • Valero

    0.95 miles

  • BP

    2.04 miles

  • Kroger

    2.17 miles

  • Citgo

    2.21 miles

  • ChargePoint

    8.95 miles

  • FedEx Forum Parking Garage

    0.20 miles

  • Peabody Place Parking Garage

    0.40 miles

  • Hilton Garden Inn Lot

    0.45 miles

  • AutoZone Store Support Center Parking Garage

    0.57 miles

  • Metropolis

    0.57 miles

  • One Commerce Square Garage

    0.58 miles

  • Parking Can Be Fun

    0.59 miles

  • Toyota Center Parking Garage

    0.61 miles

  • First Tennessee Bank Parking Garage

    0.62 miles

  • Beale Street Landing

    0.64 miles

  • The Westin Memphis Beale Street

    0.30 miles

  • Hampton Inn & Suites Memphis - Beale Street

    0.37 miles

  • The Inn at Hunt Phelan

    0.41 miles

  • Hilton Garden Inn Memphis Downtown

    0.48 miles

  • DoubleTree by Hilton Memphis Downtown

    0.49 miles

  • The Peabody Memphis

    0.51 miles

  • La Quinta Inns & Suites Memphis Downtown

    0.52 miles

  • Hyatt Centric Beale Street Memphis

    0.53 miles

  • Canopy by Hilton Memphis Downtown

    0.54 miles

  • The Central Station Memphis, Curio Collection by Hilton

    0.55 miles

  • Lew's Blue Note Bar and Grill

    0.29 miles

  • Dyer's Burgers

    0.30 miles

  • Renee's Sandwich Shop

    0.32 miles

  • The Pig On Beale

    0.34 miles

  • Rum Boogie Cafe

    0.34 miles

  • Flynn's Restaurant and Bar

    0.35 miles

  • Beale Street Tap Room

    0.35 miles

  • Kings Palace Cafe

    0.36 miles

  • Burrito Blues Mexican Grill

    0.37 miles

  • B.B. King's Blues Club

    0.37 miles

  • Saint Patrick Learning Center

    0.10 miles

  • Porter School

    0.52 miles

  • Downtown Elementary School

    0.67 miles

  • Georgia Avenue Elementary School

    0.69 miles

  • University of Memphis Law School

    0.78 miles

  • Southwest Tennessee Community College - Union Ave Campus

    0.81 miles

  • LaRose Elementary School

    0.81 miles

  • The University of Tennessee Health Science Center

    0.87 miles

  • Saints Haven Residence ASBC

    0.91 miles

  • Memphis Skill Center

    0.92 miles

  • Saint Jude Day Care Center

    1.80 miles

  • Harris Memorial Day Care and Learning Center

    2.17 miles

  • Vollintine Baptist Day Care Center

    2.68 miles

  • Union Avenue Baptist Church Child Enrichment Center

    3.49 miles

  • Miriam Child Development Center

    5.00 miles

  • Mount Pisgah Baptist Church Day Care Center

    6.47 miles

  • Barbara K Lipman Early Childhood School and Research Institute

    6.50 miles

  • Middle Baptist Church Daycare Center

    8.24 miles

  • Fireside Temple Church of God in Christ Day Care Center

    9.07 miles

  • La Petite Academy

    9.13 miles

Frequently Asked Questions

How much does Opportunity Zone Lot For Sale or Lease | Downtown Memphis cost?

The space currently listed for sale at Opportunity Zone Lot For Sale or Lease | Downtown Memphis asks for $500,000.

What is the total square footage of Opportunity Zone Lot For Sale or Lease | Downtown Memphis?

Opportunity Zone Lot For Sale or Lease | Downtown Memphis totals 9,530 square feet.

When was this property built?

Opportunity Zone Lot For Sale or Lease | Downtown Memphis was built in 1920.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Darrell Cobbins

Universal Commercial