0 Mary Dr, Memphis, TN 38111
sale
$70,000
|
Other
Courtesy Of National Land Realty, Memphis, TN
Unlock the potential of this rare, 13.78-acre untouched tract situated in a high-demand pocket of Memphis. This expansive parcel represents a significant opportunity for developers to deliver much-needed housing stock in a central, highly accessible location. Zoning & Development PotentialRU-3 (Residential Urban - 3) Zoning: This versatile classification offers a wide range of development paths, including single-family homes, duplexes, or medium-density multi-family housing. Scale: With nearly 14 acres of raw land, this site allows for a significant ""in-fill"" project with the scale to create a distinct neighborhood identity. Infrastructure Ready: Located within the city limits, the site is positioned for efficient utility connection and site planning. Unbeatable ConnectivityRapid Transit Access: Located less than 5 minutes from the I-240 loop, providing residents with seamless commutes to the Memphis Medical District, FedEx World Hub, and Downtown. Central Convenience: The site’s ""heart of Memphis"" location makes it an attractive destination for the local workforce, offering proximity to major retail corridors and employment centers. This is a premier canvas for a developer looking to capitalize on the tightening Memphis housing market. Whether you are planning a high-density apartment complex or a curated single-family subdivision, this RU-3 tract is primed for performance. Bring your vision and your offers to this standout development site.
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Property Features
- Architecture Style: Other
- Building Units: 0
- MLSID: 11641286
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CENTURY 21 Patterson & Associates Real Estate Co.
p:
901-701-1064
1255 Lynnfield Rd; Suite 143
Memphis, TN 38119
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