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5077 S 3RD St

Memphis, TN 38109
  • $349,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 10192396
$349,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1985
County:
Area:

School Ratings & Info

Description

Discover a rare gem within the city limits of Memphis"a stunning 10.56-acre tract offering a world of potential. This property presents numerous opportunities, from multiple home sites to an ideal location for various businesses. Just 1.9 miles north of the MS/TN state line, the property has 565 feet of frontage on US Hwy 61, (aka The Blues Highway). The tract includes a well-maintained 1,972 sq ft brick home, built in 1985, offering 4 bedrooms, 3 baths, and a spacious 2-car garage. It is presently rented for $1,500/ month. The site also serves as the base for a general contractor business and includes a large shed with three 40-foot metal containers for material storage. The land itself is a mix of manicured turf grass covering 3.45 acres and 7.1 acres of mature hardwood timber, creating a versatile landscape. This rare property is an exceptional investment opportunity! Don't miss out on this unique offering!

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© 2025 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2025-04-22T00:03:25.68.
www.gowenpropertygroup.com/homes/161674250
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5077 S 3RD St Memphis, TN 38109

  • Price: $349,000
  • Status: Active
  • On Site: 32 Days
  • MLS #: 10192396
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1985
Built
Neighborhood:
Coro Lake
County:
Shelby
Area:
Coro Lake
Property Description
Discover a rare gem within the city limits of Memphis"a stunning 10.56-acre tract offering a world of potential. This property presents numerous opportunities, from multiple home sites to an ideal location for various businesses. Just 1.9 miles north of the MS/TN state line, the property has 565 feet of frontage on US Hwy 61, (aka The Blues Highway). The tract includes a well-maintained 1,972 sq ft brick home, built in 1985, offering 4 bedrooms, 3 baths, and a spacious 2-car garage. It is presently rented for $1,500/ month. The site also serves as the base for a general contractor business and includes a large shed with three 40-foot metal containers for material storage. The land itself is a mix of manicured turf grass covering 3.45 acres and 7.1 acres of mature hardwood timber, creating a versatile landscape. This rare property is an exceptional investment opportunity! Don't miss out on this unique offering!
Exterior Features

Buildings 2 Location City Lot Size 10.56 acres Parking Facility Gravel Road Frontage City StreetUS Highway Roof Composition ShinglesMetal Truck Loading Door Height Less Than 6 Ft

Interior Features

Average Ceiling Height 8-10.9 Feet Cooling System Central Cooling Floors Vinyl Foundation Slab Heating System CentralGas Hot Water Gas Hot Water Offices 1 Restrooms 2 Seating Capacity 1-10

Property Features

Annual City Tax 1186 Annual County Tax 1117 Commercial Type Commercial Existing Financing Conventional Fixed Information Available Information LimitedTax Info Available Legal Subdivision Name none Miscellaneous Outside StorageLiving Space AvailableFenced New Financing ConventionalPrivate Possession Lease Possession Negotiable Sale Includes Building and LandNo EquipmentNo FurnishingsSome Appliances Tenant Pays All Utilities Trade Business Name General Contractor Type Usage Auto ServiceBuilding Trade/SuppliesOther (See REMARKS) Zoning CMU

Listing information © 2025 Memphis Area Association of REALTORS®.
Listing provided courtesy of National Land Realty, LLC: 901-481-5938.



© 2025 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2025-04-22T00:03:25.68.
 
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Gowen Property Group | Keller Williams Realty
5847 Getwell Rd, Bldg B1
Southhaven MS, 38672