5239 & 5251 S 3rd St FOR SALE


Memphis, TN - Westwood
$1,500,000 USD
415-728-1394
, Memphis, TN for Sale
$1,500,000 USD
FOR SALE
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5239 & 5251 S 3rd St
Memphis, TN
Westwood


HIGHLIGHTS

  • 200+ parking spaces
  • Large, contiguous parcels with ample surface parking
  • High visibility and signalized access potential (buyer to verify)
  • Diverse allowable use profile (buyer to verify zoning)
  • Infill location with regional connectivity

OVERVIEW

Value-Add / Redevelopment Opportunity – South Memphis Investment Summary Institutional-quality opportunity to acquire two contiguous commercial assets positioned along a high-traffic corridor in South Memphis. The properties offer scale, frontage, and flexible redevelopment potential, supported by proximity to one of the nation’s most critical logistics markets. The site is well-suited for value-add repositioning, ground-up redevelopment, or long-term hold with multiple exit strategies. Market & Logistics Fundamentals Frontage on U.S. Highway 61 (The Blues Highway) Located within 10 miles of the Port of Memphis, BNSF Railyard, and Memphis International Airport Memphis serves as a top-tier national distribution hub Ability to reach ~75% of the U.S. population within two days Strong daily traffic counts support retail, service, or mixed-use demand Potential Strategies Retail or Service-Oriented Redevelopment Hospitality or Short-Term Stay EV Charging / Fleet Services Industrial Service or Last-Mile Support Mixed-Use or Multifamily (subject to zoning)

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Muaadh AlawadhiA Vape ShopMore Info
415-728-1394

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