3993 Elvis Presley Blvd
38116
MemphisAsking price
$6,500,000
$6,420 / ft²Melanie Myers
Request to be contacted by Melanie Myers
Redevelopment opportunity in Whitehaven, Memphis
This property is for sale in the Whitehaven area of Memphis, Tennessee, located at 3993 Elvis Presley Blvd. The site consists of 11 total rooms, 2 bathrooms, and a floor area of 1012 sqft. Originally built in 1938, the property is currently generating income through three long-term tenants and an onsite billboard. The site also includes an existing RV park operation.
The property is situated within a CMU-2 zoning area, which allows for potential redevelopment into multi-family residences, single-family homes, or office space. The city of Memphis has planned improvements for the drainage infrastructure located on the site.
Whitehaven is a well-established area in Memphis that has seen recent commercial development along Elvis Presley Blvd. The location provides access to local infrastructure and is positioned within a corridor that has attracted various national retail and service businesses in recent years.
Asking price
$6,500,000
$6,420 / ft²Melanie Myers
Request to be contacted by Melanie Myers
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