2955 Barron Ave - Commercial LAND FOR SALE


Memphis, TN 38114- Orange Mound39,640 SF
$135,000 USD
901-691-1849
2955 Barron Ave, Memphis, TN for Sale
$135,000 USD
Commercial LAND - FOR SALE
1/2
39,640 SF

2955 Barron Ave
Memphis, TN 38114
Orange Mound


HIGHLIGHTS

  • Located in a heavy multi-family corridor
  • Sewer/Utilities on property
  • RU-3 Zoning offers Multi-family use

OVERVIEW

Calling all Mulit-family developers/investors! Prime Multifamily Development Opportunity! Exceptional opportunity to acquire a 0.90-acre multifamily development site in Memphis. Zoned RU-3 (Multifamily Residential), this property is ideally suited for apartment, townhome, or other multifamily residential development. The site previously accommodated a 28-unit garden-style apartment complex, making it an attractive redevelopment opportunity with a proven history of multifamily use. All major utilities are already available on-site, including MLGW electric, gas, water, and Memphis City Sewer, helping reduce development costs and streamline the construction process. Whether you're looking to build a new apartment community or capitalize on the growing demand for quality housing in Memphis, this property offers an excellent foundation for your next project. Conveniently located with easy access to major thoroughfares, employment centers, shopping, and dining, 2955 Barron Ave. provides developers and investors with an outstanding opportunity to create much-needed multifamily housing in a well-established area.

FOR SALE DETAILS

PRICE

$135,000 USD

PRICE/ACRE

$148,352/AC

PRICE/SF

$3 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Multi-Family Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

0.91 AC

LAND SF

39,640 SF

OFFSITE IMPROVEMENTS

-

ZONING

RU-3

APN/PARCEL ID

059014 00007

ASK ABOUT THIS PROPERTY

Jaime HensonCrye-Leike CommercialMore Info
901-691-1849

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Jaime HensonCrye-Leike CommercialMore Info
901-691-1849

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