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92 W Carolina Ave - South Downtown Memphis Development Site

2.45 Acres of Commercial Land Offered at $5,710,001 CAD in Memphis, TN 38103

Executive Summary

Sale Includes 3 properties: The Site totals 2.45 acres of Land.
61 W Georgia -– 57,500 sf building on .645 acres after alley closing – Current Acreage - .590 acres
92 W Carolina - 1.16 acres after alley closing – Current Acreage – 1.076
78 W Carolina - .635 acres after alley closing – Current Acreage - .582
This is a great site with South Bluffs on The North – State Place Condos on the East and Carolina Lofts Condos on the South. You can see this is a small pocket of undeveloped property on the South End.

Property Facts

Price $5,710,001 CAD
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Mixed Use
  • Multifamily
  • Fast Food
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 2.45 AC

1 Lot Available

Lot

Price $5,710,001 CAD
Price Per AC $2,330,613 CAD
Lot Size 2.45 AC

61 W Georgia -– 57,500 sf bldg on .645 acres after alley closing – Current Size - .590 acres 92 W Carolina - 1.16 acres after alley closing – Current Size – 1.076 Acres 78 W Carolina - .635 acres after alley closing – Current Acreage - .582

Description

61 W Georgia -– 57,500 sf building on .645 acres after alley closing – Current Acreage - .590 acres 92 W Carolina - 1.16 acres after alley closing – Current Acreage – 1.076 78 W Carolina - .635 acres after alley closing – Current Acreage - .582 This is a great site with South Bluffs on The North – State Place Condos on the East and Carolina Lofts Condos on the South. You can see this is a small pocket of undeveloped property on the South End.

zoning

Zoning Code CBD (Central Business District)
CBD (Central Business District)
  • Listing ID: 34245189

  • Date on Market: 2024-12-19

  • Last Updated:

  • Address: 92 W Carolina Ave, Memphis, TN 38103

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