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495 Union AveMemphis, TN 38103

Prime Memphis land: build your vision.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional opportunity presents 0.5 to 1.66 acres of cleared, developable land at 495 Union Ave., Memphis, TN, in the heart of Shelby County (zip code 38103). Boasting approximately 350 feet of street frontage on Union Avenue, this site enjoys high visibility with over 14,000 vehicles passing daily. Its strategic location provides unparalleled access to Midtown, Downtown, The Walk project, the Medical District, and the Edge District, maximizing exposure and attracting a diverse clientele. The land is zoned for commercial and residential development, making it ideal for a variety of uses, including quick-service restaurants (QSRs), retail establishments, or multifamily housing. The area's strong demographics are further supported by the presence of over 22 multifamily complexes within a three-mile radius. This rare, large-scale urban lot offers an exceptional investment opportunity with significant potential for growth and return. The land value is priced at $30 per square foot. Don't miss this chance to secure a prime location in a thriving Memphis neighborhood.

Highlights

  • 0.5-1.66 acres available for development.
  • Ideal for quick-service restaurants (QSR), retail, or multifamily projects.
  • High traffic count: 14,000 vehicles per day.

Property Details for 495 Union Ave

Property type
Land
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1387603
Longitude
-90.0409747
495 Union Ave, Memphis, Tennessee

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495 Union Ave
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