478 Hollywood StMemphis, TN 38111

  • Warehouses
  • 23,800 SF
For Sale
$12,000 View listing

Property Details for 478 Hollywood St

Year built
1953
Lot size
0.75 AC
Property size (Sq ft)
23,800 SF
Zone code
CMU-1
Property type
Warehouses
Property subtype
Self storage facilities
APN
033-020- - -00018-C
APU
03302000018C

Description

This exceptional 20x100 foot vacant lot presents a remarkable opportunity for development in the vibrant city of Memphis, Tennessee. Located at the corner of Young and Hollywood Streets, this property boasts a highly desirable location in Shelby County, zip code 38111. The lot's dimensions provide ample space for a variety of construction projects, making it ideal for residential, commercial, or mixed-use development. Its convenient corner location offers excellent visibility and accessibility, enhancing its potential for attracting customers or residents. The property is currently vacant, providing a clean slate for your vision. Situated in a dynamic area of Memphis, this lot offers significant potential for appreciation and return on investment. With its strategic location and generous size, this land parcel represents a rare opportunity to acquire a prime piece of real estate in a thriving urban setting. The address is 478 Hollywood St, Memphis, TN 38111. The asking price is $12,000. This is a second lot south of Young Street. This property is classified as Lots & Land, Other. The coordinates are 35.119182 latitude and -89.975787 longitude. Don't miss this chance to secure this valuable asset in a rapidly growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,925,118
    Hospitality
    $3,595,387
    Educational
    $2,991,320
    Medical
    $3,094,196
    Retail
    $4,653,164

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1484
Longitude
-89.9765
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,967
$39,120
$26,000
$65,120
-
$97,800
$65,000
$162,800

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