BUILDERS AND DEVELOPERS - EAST MEMPHIS INFILL OPPORTUNITY. Approximately 0.88 elevated acre in an established East Memphis location on Colonial Rd between Poplar and Park Aves. Surrounded by established neighborhoods, condos, and townhomes, with convenient access to the Memphis Botanic Garden, Audubon Park, the University of Memphis, shopping, dining, and major medical centers. Potential redevelopment may include zero-lot-line homes, townhomes, or a small gated community, subject to buyer verification of zoning, density, subdivision potential, access, utilities, and all required approvals. Existing home must be removed by buyer. Offered for land value only; not marketed as a renovation opportunity. Seller may consider a due dilligence period before closing, subject to mutually acceptable terms. CASH ONLY. AS-IS. LAND VALUE. Buyer to verify all information and independently investigate boundaries, dimensions, zoning, development potential, applicable approvals, etc.
| MLS # | 10220894 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1903 |
| Days On Site | 186 |
| Listing Provided By | Crye-Leike, Inc., REALTORS | Michelle Shaver-Simpson |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 1 Total |
| Garage | 2 |
| Story(s) | 1 |
| Acreage | 0.88 |
| Property View | Some Trees, Level, Wood Fenced |
| Number Of Rooms | 8 |
|---|---|
| Cooling | Central |
| Heating | Central, Electric |
| Security | Burglar Alarm |
|---|---|
| Lot Description | Some Trees, Level, Wood Fenced |
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38117 |
| Area | Sea Isle | Park |
| Subarea | 759B |
| Community Name | `NA |
| Listing VS Median (in `NA) | |
Price: $285,000 low | high Med: $0 On site: 186 low | high Med: | |
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38117 |
| Area | Sea Isle | Park |
| Subarea | 759B |
| Community Name | `NA |
| Listing VS Median (in `NA) | |
Price: $285,000 low | high Med: $0 On site: 186 low | high Med: | |