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354 Abel - Downtown South CBID Corner Lot 0.4 Acres of Commercial Land in Memphis, TN 38126
Investment Highlights
- Corner Lot
- Proximity to Sports & Entertainment
- 10 additional acres can be assembled
Executive Summary
Corner lot along the Vance Ave. Corridor- which spans east-west throughout the CBID.
Stone's throw from the brand new 40,000 SF Wiseacre Brewery and Taproom.
Additional surrounding parcels (separately owned) available for larger site assemblage.
Steps away from Sports & Entertainment (FedEx Forum and Beale Street), Arts & Culture (South Main District/Orpheum Theatre).
Located in Qualified Opportunity Zone and New Markets Tax Credit Census Tract.
From FedEx Logistics' new corporate headquarters to Wiseacre Brewery's new brewery and taproom, to nearby multi-family development projects. This territory represents one of the last remaining sections of Downtown Memphis awaiting additional investment and development. Additional nearby parcels (separately-owned) are available for larger site assemblage. Walking distance to FedEx Forum where the Memphis Grizzlies/U of M Tigers play, as well as concerts and national performances on a regular basis. Beale Street is due north where bars, restaurants, and live entertainment can be enjoyed seven days a week. Nearby hotels include the recently opened Central Station Hotel, the Arrive Hotel, Westin Beale Street, and the new Hyatt Centric Beale Street. Don't miss this great opportunity to get in the game!!!
Prime opportunity for an owner/user, investor, or developer. Situated along major east-west artery into Downtown Memphis' South End, where sports, entertainment/nightlife, arts/culture, hotel amenities, and dining are all within a short walk. Motivated seller. Ready, willing, and able to make a reasonable deal.
https://www.highgroundnews.com/cities/SouthCity.aspx
https://www.brewbound.com/news/wiseacre-brewings-new-40000-sq-ft-brewery-taproom-in-downtown-memphis/
https://newsroom.fedex.com/newsroom/fedex-logistics-to-move-global-headquarters-to-downtown-memphis/
https://memphiscdcouncil.blogs.com/files/udc_presentation-4-23-09pizzawithplanners.pdf
Stone's throw from the brand new 40,000 SF Wiseacre Brewery and Taproom.
Additional surrounding parcels (separately owned) available for larger site assemblage.
Steps away from Sports & Entertainment (FedEx Forum and Beale Street), Arts & Culture (South Main District/Orpheum Theatre).
Located in Qualified Opportunity Zone and New Markets Tax Credit Census Tract.
From FedEx Logistics' new corporate headquarters to Wiseacre Brewery's new brewery and taproom, to nearby multi-family development projects. This territory represents one of the last remaining sections of Downtown Memphis awaiting additional investment and development. Additional nearby parcels (separately-owned) are available for larger site assemblage. Walking distance to FedEx Forum where the Memphis Grizzlies/U of M Tigers play, as well as concerts and national performances on a regular basis. Beale Street is due north where bars, restaurants, and live entertainment can be enjoyed seven days a week. Nearby hotels include the recently opened Central Station Hotel, the Arrive Hotel, Westin Beale Street, and the new Hyatt Centric Beale Street. Don't miss this great opportunity to get in the game!!!
Prime opportunity for an owner/user, investor, or developer. Situated along major east-west artery into Downtown Memphis' South End, where sports, entertainment/nightlife, arts/culture, hotel amenities, and dining are all within a short walk. Motivated seller. Ready, willing, and able to make a reasonable deal.
https://www.highgroundnews.com/cities/SouthCity.aspx
https://www.brewbound.com/news/wiseacre-brewings-new-40000-sq-ft-brewery-taproom-in-downtown-memphis/
https://newsroom.fedex.com/newsroom/fedex-logistics-to-move-global-headquarters-to-downtown-memphis/
https://memphiscdcouncil.blogs.com/files/udc_presentation-4-23-09pizzawithplanners.pdf
Property Facts
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.40 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | Residential - Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.40 AC |
| Opportunity Zone |
Yes |
| Zoning | Residential - Commercial |
1 Lot Available
Lot
| Lot Size | 0.40 AC |
| Lot Size | 0.40 AC |
Fantastic corner lot in the emerging South City/South Forum section of Downtown Memphis' CBID. Recent multi-million dollar investments occurring- north, south, east, and west of this location.
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00-5022-0-0001C | Improvements Assessment | $0 CAD |
| Land Assessment | $20,663 CAD | Total Assessment | $20,663 CAD |
Property Taxes
Parcel Number
00-5022-0-0001C
Land Assessment
$20,663 CAD
Improvements Assessment
$0 CAD
Total Assessment
$20,663 CAD
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354 Abel - Downtown South CBID Corner Lot
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