CASH ONLY / AS-IS / RARE EAST MEMPHIS INFILL OPPORTUNITY. Unlock a rare chance to secure a nearly 1 acre property - the largest lot on Colonial between Park and Poplar. This elevated 0.88-acre parcel sits in one of East Memphis' most established and desirable areas, surrounded by condos, townhomes, and long-standing residential communities. The 1903 farmhouse is being sold AS-IS, with value primarily in the land, location, and redevelopment potential. This oversized infill site offers a rare opportunity for builders or investors to explore development of 2-4 luxury zero-lot-line homes or a boutique gated community (buyer to verify zoning, subdivision, and approvals). Large parcels of this size are increasingly scarce in East Memphis, making this a strong opportunity for new residential development in a high demand area. Convenient to the Memphis Botanic Garden, Theatre Memphis, Leftwich Tennis Center, Audubon Park, University of Memphis, shopping, dining, and major medical centers.
Listed By
Agency Name: Crye-Leike, Inc., REALTORS
Agent Name: Michelle Shaver-Simpson
Agency Phone: (901) 581-6408
Estimated Payment
$ 717.41 per month $634.29 Principal & Interest $0.00 Property Tax (data not provided by mls) $83.13 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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790 Colonial Rd | MLS# 10220894
This single family home located at 790 Colonial Rd, Memphis, TN 38117 is currently listed for sale by Crye-Leike, Inc., REALTORS, with an asking price of $285,000. This property was built in 1903 and has 4 bedrooms and 1 full and 1 partial baths. Colonial Rd is located in the `NA subdivision. Search `NA real estate on www.clhomes.com today.