Lot/land

Price cut: $175K (10/3)

$75,000

4825 American Way, Memphis, TN 38118

--beds

--baths

3.12Acres

Unimproved Land

Built in ----

3.12 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

3.12 acres right in the action! Directly off of American Way and S Perkins intersection, this lot is wooded and currently zoned CMU-2. This size lot may be the last of its kind in this area so get it while you can! Surrounded by business to the N and a nice residential neighborhood to the S, this lot has dedicated access via Westmeade St. Experienced developers - here's your chance to build your next HUGE project. Rezone and make houses or focus on capitalize on existing industry in the area!

592 days

87

3

Facts & features

Property

Lot

Size: 3.12 Acres
Dimensions: 135907 SF
Features: City Lot, Irregular Lot, Shallow/Wide
Topography: Wooded

Details

Parcel number: 074001 00250
Zoning: CMU-2
Zoning description: Adjacent Area: Single Family,Commercial

Utilities & green energy

Utilities for property: None

Community & HOA

Community

Subdivision: Linclay Park Pd Outline

Location

Region: Memphis

Financial & listing details

Tax assessed value: $130,400
Annual tax amount: $3,177
Date on market: 5/10/2024
Cumulative days on market: 593 days
Listing terms: Conventional,Will Not Divide
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,115/mo

Price history

Date	Event	Price
10/3/2025	Price change	$75,000-70%
Source: MAAR #10172053 Report a problem
9/10/2024	Price change	$250,000-58.3%
Source: MAAR #10172053 Report a problem
7/13/2024	Price change	$600,000-20%
Source: MAAR #10172053 Report a problem
6/11/2024	Price change	$750,000-6.3%
Source: MAAR #10172053 Report a problem
5/20/2024	Price change	$800,000-5.9%
Source: MAAR #10172053 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,435 +8.1%	$52,160
2023	$3,177	$52,160
2022	--	$52,160

Find assessor info on the county website

BuyAbility℠ payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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