Land For Development
6-10 Acres of Land
Zoned RU-3 Multifamily
Build by-right
This land was designated by the City of Memphis to attract developers to construct new housing to address the continuing housing crisis.
Both parcels are zoned RU-3 for multi-family construction up to three stories.
Measures approximately 2 blocks long (914+ feet) and one block deep (474+)
and features a Corner Lot for maximum diversity.
All utilities are available at the street, and the water supply has been recently updated and improved to provide sufficient flow for development of multi-family units. The main frontage is on a newly paved avenue, five lanes wide.
The City of Memphis now allows new construction of up to six units, to be built under residential code instead of commercial.
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Absolutely NO agents allowed!