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559 S Highland St

0.23 Acres of Commercial Land Offered at £258,470 in Memphis, TN 38111

INVESTMENT HIGHLIGHTS

  • Prime frontage on the Highland Strip
  • Zoned UDO (University District Overlay)
  • Excellent site for retail development

EXECUTIVE SUMMARY

559 S Highland Street is an excellent site for retail development (zoned UDO - University District Overlay) with 0.23 acres of prime frontage adjacent to the iconic Highland Strip sign. The site is located within walking distance of the University of Memphis campus, with 21,000+ students enrolled. The Highland Strip is a vibrant area featuring a variety of shopping, dining, entertainment options, live music venues, and public art installations.

ATTACHMENTS

559 S Highland St - flyer v2

PROPERTY FACTS

Price £258,470 Property Subtype Commercial
Sale Type Investment or Owner User Proposed Use
Commercial
  • Retail
No. Lots 1 Total Lot Size 0.23 AC
Property Type Land
Price £258,470
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 0.23 AC

1 LOT AVAILABLE

Lot

Price £258,470 Lot Size 0.23 AC
Price Per AC £1,123,782.03
Price £258,470
Price Per AC £1,123,782.03
Lot Size 0.23 AC

lot is approximately 56' frontage x 181' deep

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559 S Highland St, Memphis, TN - AERIAL map view - Image1
559 S Highland St, Memphis, TN - AERIAL map view - Image2
559 S Highland St, Memphis, TN - AERIAL map view - Image3
559 S Highland St, Memphis, TN - AERIAL map view - Image4
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 04-5120-0-0048 Improvements Assessment £3,658
Land Assessment £19,501 Total Assessment £23,159

PROPERTY TAXES

Parcel Number
04-5120-0-0048
Land Assessment
£19,501
Improvements Assessment
£3,658
Total Assessment
£23,159

ZONING

Zoning Code UDO (University District Overlay)
UDO (University District Overlay)
(901) 497-5586

CONTACTS

  • Listing ID: 31876121

  • Date on Market: 21/05/2024

  • Last Updated:

  • Address: 559 S Highland St, Memphis, TN 38111

The Chickasaw Gardens Land Property at 559 S Highland St, Memphis, TN 38111 is currently available. Contact Colliers for more information.

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559 S Highland St
(901) 497-5586 x

559 S Highland St

1/2

Ben Ricketts

(901) 497-5586

(901) 497-5586

Brad Murchison

(901) 412-6646

(901) 412-6646

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