1248 James St - Commercial LAND FOR SALE


Memphis, TN 38106- Southeast Memphis31,799 SF
$25,000 USD
901-679-0453
1248 James St, Memphis, TN for Sale
$25,000 USD
Commercial LAND - FOR SALE
1/13
31,799 SF

1248 James St
Memphis, TN 38106
Southeast Memphis


HIGHLIGHTS

  • 0.73-acre residential lot • Level, cleared land • Utilities at street • Minutes from downtown Memphis • Ideal for new construction • Build-to-ren
  • 0.73-acre residential lot • Level, cleared land • Utilities at street • Minutes from downtown Memphis • Ideal for new construction • Build-to-ren
  • 0.73-acre residential lot • Level, cleared land • Utilities at street • Minutes from downtown Memphis • Ideal for new construction • Build-to-ren
  • 0.73-acre residential lot • Level, cleared land • Utilities at street • Minutes from downtown Memphis • Ideal for new construction • Build-to-ren
  • 0.73-acre residential lot • Level, cleared land • Utilities at street • Minutes from downtown Memphis • Ideal for new construction • Build-to-ren
  • 0.73-acre residential lot • Level, cleared land • Utilities at street • Minutes from downtown Memphis • Ideal for new construction • Build-to-ren

OVERVIEW

Excellent infill development opportunity located at 1248 James St in Memphis, TN. This 0.73-acre vacant lot offers a large buildable footprint suitable for new residential construction, rental housing, multifamily, tiny homes, modular builds, or long-term land investment. The property is level, partially cleared, and positioned within minutes of downtown Memphis, major roadways, schools, retail, and employment centers. The size of this parcel provides flexibility for developers, builders, or investors seeking either a single large homesite or multiple smaller units, depending on zoning approval. Utilities are available at the street, making the lot ready for planning and engineering work. The surrounding area continues to show redevelopment activity and increasing investor interest, making this an ideal time to secure a larger-than-average city lot in a growing corridor. Whether purchased for immediate construction, buy-and-hold strategy, build-to-rent development, or future resale, this property offers strong potential in an affordable price range. The seller is open to both cash offers and seller-financing options, depending on terms. A rare opportunity to acquire nearly three-quarters of an acre within Memphis city limits, offering space, flexibility, and long-term upside.

FOR SALE DETAILS

PRICE

$25,000 USD

PRICE/ACRE

$34,247/AC

PRICE/SF

$0.79 USD /SF

# OF LOTS

-

ON GROUND LEASE

Yes

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Industrial, Retail, Office, Mixed Use, Multi-Family, Hospitality, Airplane Hangar, Airport, Apartment Units, Apartment Units - Condo, Apartment Units - Dorms, Apartment Units - Senior, Apartment Units - Subsdzd, Auto Dealership, Auto Repair, Auto Salvage Facility, Bank, Bar, Baseball Field, Bowling Alley, Car Wash, Casino, Cement/Gravel Plant, Cemetery/Mausoleum, Chemical/Oil Refinery, Community Center, Contractor Storage Yard, Convenience Store, Correctional Facility, Day Care Center, Department Store, Distribution, Drug Store, Fast Food, Food Processing, Funeral Home, Garden Center, General Freestanding, Golf Course/Driving Range, Health Care, Health Club, Hold for Development, Hold for Investment, Horse Stables, Hospital, Hotel, Industrial Live/Work Unit, Industrial Park, Landfill, Lodge/MeetingHall, Loft/Creative Space, Lumberyard, Manufactured Homes/Mobile Home Park, Marina, Master Planned Community, Medical, Motel, Movie Theater, Movie/Radio/TV Studio, Neighborhood Center, Office Park, Open Space, Outlet Center, Parking Garage, Parking Lot, Planned Unit Development, Police/Fire Station, Post Office, Power Center, Public Library, Public Park, Public Swimming Pool, R&D, Race Track, Radio/TV Transmn Facility, Railroad Yard, Recycling Center, Refrigeration/Cold Storage, Regional Mall, Rehabilitation Center, Religious Facility, Restaurant, Retail Warehouse, Schools, Self-Storage, Service Station, Shelter, Shipyard, Single Family Development, Skating Rink, Specialty/Festival/Entertainment, Storefront, Storefront Retail/Office, Storefront Retail/Residential, Strip Center, Supermarket, Theater/Concert Hall, Trailer/Camper Park, Truck Stop, Truck Terminal, Unknown, Utility Sub-Station, Veterinarian/Kennel, Warehouse, Water Retention Facility, Water Treatment Facility, Winery/Vineyard, Amusement Park, Agricultural, Agribusiness, Pasture/Ranch, Timberland, Single Family Residence, undefined

LAND ACRES

0.73 AC

LAND SF

31,799 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

EMP

APN/PARCEL ID

02-6026-0-0039

ASK ABOUT THIS PROPERTY

Dewayne FerraroFerraro Investments, LLCMore Info
901-679-0453

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Dewayne FerraroFerraro Investments, LLCMore Info
901-679-0453

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.