The Story

3083 Southern Avenue

Memphis, TN 38111 · Home

Rare 1.14-acre investment opportunity with excellent redevelopment and value-add potential. This level lot features two existing structures ready for renovation or repositioning, giving investors multiple possibilities to create income-producing space or pursue a larger redevelopment plan, subject to zoning and applicable approvals. The smaller mobile home located beside the main structure will be removed prior to closing. The property also features a large concrete driveway and a substantial detached metal double-carport/covered structure that will remain with the sale. Surrounded by new construction and continued investment in the area, this property offers a unique combination of usable acreage, existing improvements, and flexibility for a variety of future plans. With larger parcels becoming increasingly difficult to find nearby, 3083 Southern presents an opportunity for an investor, builder, or developer to bring their vision to life.


Facts & Features

Property Info

Price
$100,000
Completion Year
1,930
Floors
2
Bedrooms
1
Bathrooms
1
Lot size
1 acres

Features & Amenities

Lot Information

Level, Wooded

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Listing Broker

The Home Partners Realty

Broker Name

The Home Partners Realty

Agent

Elliot Cerezo

Location

Cordova TN 38018