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Vance Ave Memphis, TN 38126

0.4-acre commercial land, prime location

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 0.4-acre commercial lot presents a remarkable investment opportunity in Memphis' thriving South City/South Forum area, within the Central Business Improvement District (CBID). Situated on a highly visible corner along the Vance Avenue corridor, this property benefits from its proximity to recent multi-million dollar developments, including FedEx Logistics' new headquarters and the expansive Wiseacre Brewery and taproom. The location offers unparalleled access to entertainment venues such as FedEx Forum and Beale Street, renowned for its vibrant nightlife and diverse culinary scene. Nearby, several high-profile hotels cater to a constant influx of visitors. This property's strategic position within a Qualified Opportunity Zone and New Markets Tax Credit Census Tract further enhances its investment appeal. The site's potential is amplified by the availability of adjacent parcels (separately owned), allowing for the possibility of larger-scale development projects. Don't miss this chance to capitalize on the continued growth and revitalization of Downtown Memphis. This is one of the last remaining undeveloped sections of the CBID, making this a truly unique opportunity.

Highlights

  • 0.4-acre corner lot on Vance Avenue in Memphis' Central Business Improvement District (CBID).
  • Prime location near the new 40,000 sq ft Wiseacre Brewery and Taproom.
  • Adjacent parcels available for potential assemblage.
  • Close proximity to FedEx Forum, Beale Street, and South Main Arts District.
  • Located in a Qualified Opportunity Zone and New Markets Tax Credit Census Tract.

Property Details for 0 Vance Ave

Property type
Land
Lot Size (sq. ft)
17,424 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1346149
Longitude
-90.0432589

FAQs

What type of property is this?
Land - 0.4-acre commercial land, prime location
Where is the land located?
The property is located at Vance Ave Memphis, TN.
What are key features of this property?
This property features: 0.4-acre corner lot on Vance Avenue in Memphis' Central Business Improvement District (CBID).; Prime location near the new 40,000 sq ft Wiseacre Brewery and Taproom.; Adjacent parcels available for potential assemblage.
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0 Vance Ave
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