$1,000,000

Estimated payment $5,686/month

Total Views 5,246
5 Acres
$196,464 Price per Acre
221,720 Sq Ft Lot

About This Lot

This Commercial zoned lot has EMP zoning which is one of the most flexible commercial zonings. Possible uses include Daycare, truck parking, funeral services, retail and more! It has 480 feet of Road Frontage on Chelsea. This is a level lot that previously had a structure on it. Call me direct with for more information

Listing Agent

John Cornes

Braden, Braden & Braden LLC License #303183

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,264

Year Built

  • 1940

Lot Details

  • 5.09 Acre Lot
  • Lot Dimensions are 387.11x467.7
  • Level Lot
  • Property is zoned COMM

Location

  • City Lot

Community Details

  • Parran Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040042 00216

Property Details

Property Type

Land

Est. Annual Taxes

$1,264

Year Built

1940

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: N WATKINS
  • Location: City
  • MLS Map #: 742C
  • MAAR Subdivision Name: PARRAN
  • Price Per Sq Ft: 196463.65
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1940

Exterior Features

  • Road Frontage: Paved, Municipal

Association/Amenities

  • Uses Of Adjacent Area: Residential, Multi-Family

Lot Info

  • Lot Number: 21&PT20
  • Acreage: 5.09
  • Lot Size: 387.11X467.7
  • Price Per Acre: 196464
  • Zoning: COMM
  • Lots Available: 1 Only
  • New Zoning: EMP
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family, Commercial, Unknown
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 040042 00216

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,264 $37,280 $27,720 $9,560
2023 $2,271 $37,280 $27,720 $9,560
2022 $2,271 $37,280 $27,720 $9,560
2021 $1,142 $0 $0 $0
2020 $0 $0 $0 $0
2019 $1,142 $35,720 $27,720 $8,000
2018 $1,142 $35,720 $27,720 $8,000
2017 $1,169 $35,720 $27,720 $8,000
2016 $2,220 $50,800 $0 $0
2014 $2,220 $50,800 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 For Sale $1,000,000 -- --
Source: Memphis Area Association of REALTORS®

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $142,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $62,000 Seller Take Back
Source: Public Records

Similar Property in Memphis, TN

  • 0 Dexter Rd Unit 10177087, Memphis, TN 38016

    $858,000

    • Land
    • 5 Acres
    • $169,901 per Acre
    • 0 Dexter Rd
    • Unit 10177087
    • Memphis, TN

    This is a corner lot Commercial zoned parcel at the corner at Dexter Rd and N. Houston Levy. Approximately 19,000 cars pass here daily. EMP is one of the most flexible zonings allowing, Gas Stations, Daycare, Restaurant, Truck Parking, Education facilities, Retail, Self-storage and Office and MORE!

    John Cornes Braden, Braden & Braden LLC

    Section Image

Source: Memphis Area Association of REALTORS®

MLS Number: 10177091

Memphis Area Association of REALTORS®

APN: 04-0042-0-0216