Listing Summary
Strategic Commercial Land for Sale | E.H. Crump Blvd Parcels, Downtown Memphis, TN.
Prime Development Opportunity Near South 3rd St (US-61) and the New I-55 Interchange
Full Description
Seize a rare opportunity to invest in the rapidly evolving landscape of Downtown Memphis. These two strategic commercial land parcels, located on E.H. Crump Boulevard, offer high-visibility placement just west of the vital intersection with South 3rd Street (US-61).
Positioned at the gateway to the city’s most iconic districts, these parcels are perfectly suited for retail, service-oriented businesses, or urban infill projects looking to capitalize on the massive infrastructure improvements and residential growth in the immediate area.
Investment Highlights
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Flexible Acquisition Options: Two distinct parcels totaling 0.70 acres and 0.51 acres are available. These sites are located directly across the street from one another and can be purchased together or separately to suit your development scale.
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Infrastructure Advantage: The parcels are positioned to benefit immensely from the I-55 interchange at Crump Blvd, with an estimated completion in 2025. This project is set to streamline traffic flow and significantly enhance accessibility to and from the site.
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Proximity to Major Attractions: Located just a 3-minute drive from the historic South Main District and the FedExForum, home of the Memphis Grizzlies and world-class entertainment.
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Thriving Urban Population: Join a growing community with a Downtown Memphis population of over 26,000 residents, providing a consistent and local consumer base.
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Strong Traffic Visibility: Benefit from steady daily exposure with a traffic count of 9,362 AADT on E.H. Crump Blvd, ensuring your business remains top-of-mind for commuters and locals alike.
Property Specifications
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Property Type: Land
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Sub-Type: Commercial / Urban Development
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Total Acreage: 0.51 - 0.70 Acres
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Location: E.H. Crump Blvd (Near South 3rd St), Memphis, TN 38126
Location Overview: The Gateway to Downtown Memphis
The area surrounding E.H. Crump Boulevard is currently one of the most talked-about corridors in Memphis real estate. With the upcoming completion of the I-55 interchange, this location serves as a critical link between the South Main Arts District and major logistical arteries.
For developers and investors searching for commercial land in Memphis, TN, these parcels represent a unique "blank canvas" opportunity. Whether you are envisioning a flagship retail location, a boutique office, or a modern service center, the combination of nearby major employers, sports venues, and a surging residential population makes this a premier choice for long-term value.
Quick Glance
- Listing ID:
CL-Tennessee-27596
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
0.51 Acre