For Sale
$740,000

1414 Court AveMemphis, TN 38104

1.67 Acres, RU-4 Zoning, $740,000

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1.67-acre commercial land parcel presents a remarkable development opportunity in the vibrant Midtown Memphis area. Located at 1414 Court Avenue, Memphis, TN 38104 (APN: 017021 00024C), this fee simple property is zoned RU-4, offering significant flexibility for various projects. The RU-4 zoning designation specifically permits a wide range of residential development options, including single-family attached dwellings (townhouses) and multifamily structures such as large homes, stacked townhouses, and apartments. This zoning is characteristic of infill or redevelopment areas where similar housing types are already established, suggesting a seamless integration into the existing neighborhood fabric. The property's prime location within Midtown Memphis, coupled with its substantial size, makes it an ideal site for a high-impact development catering to the area's growing demand for housing or retail spaces. The asking price is $740,000. This represents a compelling investment opportunity in a thriving urban core. Serious inquiries are encouraged to explore the full potential of this exceptional property. The property is situated in an opportunity zone, offering potential tax advantages. Detailed zoning information and site plans are available upon request.

Highlights

  • 1.67-acre commercial land parcel in Midtown Memphis, TN.
  • Located at 1414 Court Avenue, APN: 017021 00024C.
  • RU-4 zoning allows for diverse residential development (townhouses, apartments, etc.).
  • $740,000 asking price.
  • Situated in an Opportunity Zone.

Property Details for 1414 Court Ave

Property type
Land
Lot Size (sq. ft)
72,745 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.140339
Longitude
-90.013477
1414 Court Ave, Memphis, Tennessee

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1414 Court Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message