Memphis Land for Sale - Midtown
Excellent infill development opportunity located at 1248 James St in Memphis, TN. This 0.73-acre vacant lot offers a large buildable footprint suitable for new residential construction, rental housing, multifamily, tiny homes, modular builds, or long-term land investment. The property is level, partially cleared, and positioned within minutes of downtown Memphis, major roadways, schools, retail, and employment centers.
The size of this parcel provides flexibility for developers, builders, or investors seeking either a single large homesite or multiple smaller units, depending on zoning approval. Utilities are available at the street, making the lot ready for planning and engineering work. The surrounding area continues to show redevelopment activity and increasing investor interest, making this an ideal time to secure a larger-than-average city lot in a growing corridor.
Whether purchased for immediate construction, buy-and-hold strategy, build-to-rent development, or future resale, this property offers strong potential in an affordable price range. The seller is open to both cash offers and seller-financing options, depending on terms. A rare opportunity to acquire nearly three-quarters of an acre within Memphis city limits, offering space, flexibility, and long-term upside.
