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559 S Highland St 0.23 Acres of Commercial Land Offered at $450,203 CAD in Memphis, TN 38111
Investment Highlights
- Prime frontage on the Highland Strip
- Zoned UDO (University District Overlay)
- Excellent site for retail development
Executive Summary
559 S Highland Street is an excellent site for retail development (zoned UDO - University District Overlay) with 0.23 acres of prime frontage adjacent to the iconic Highland Strip sign. The site is located within walking distance of the University of Memphis campus, with 21,000+ students enrolled. The Highland Strip is a vibrant area featuring a variety of shopping, dining, entertainment options, live music venues, and public art installations.
Property Facts
| Price | $450,203 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.23 AC |
| Property Type | Land | ||
| Zoning | UDO - University District Overlay | ||
| Price | $450,203 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.23 AC |
| Zoning | UDO - University District Overlay |
1 Lot Available
Lot
| Price | $450,203 CAD | Lot Size | 0.23 AC |
| Price Per AC | $1,957,404.29 CAD |
| Price | $450,203 CAD |
| Price Per AC | $1,957,404.29 CAD |
| Lot Size | 0.23 AC |
lot is approximately 56' frontage x 181' deep
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 04-5120-0-0048 | Improvements Assessment | $8,151 CAD |
| Land Assessment | $36,432 CAD | Total Assessment | $44,583 CAD |
Property Taxes
Parcel Number
04-5120-0-0048
Land Assessment
$36,432 CAD
Improvements Assessment
$8,151 CAD
Total Assessment
$44,583 CAD
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559 S Highland St
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