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2955 Barron Ave
Memphis, TN 38114 Orange Mound

$250,000 USD

Land For Sale  •  0.91 AC

Property Details

  • Property Type Land
  • Lot Size 0.91 AC
  • Zoning RU-3
10 Transit Score
50 Walk Score

Description

Excellent opportunity to develop a ±0.91-acre multifamily site in an established rental corridor. The property supports development of up to a 12-unit apartment complex, offering an ideal scale for investors and developers seeking strong returns without large-scale project risk.

Formerly home to the Barronbrook Apartments, the site has a proven history of multifamily use, providing valuable insight into its viability and demand. Surrounded by numerous existing apartment communities, this location benefits from a built-in rental base and consistent tenant demand.

Highlights

Located in a heavy multi-family corridor
Sewer/Utilities on property
RU-3 Zoning offers Multi-family use

Public Transportation

Commuter RailDriveWalkDistance
Central Station (Riverfront Loop - Memphis Area Transit Authority Trolley (MataTrolley)) 11 min - 6.7 mi
AirportDriveWalkDistance
Memphis International 9 min - 5.4 mi
Jaime Henson 901-691-1849 Crye-Leike Commercial
Jaime Henson 901-691-1849 Crye-Leike Commercial