0 S Third Highway

Active

Memphis, TN 38109

Bedrooms
0
Bathrooms
0.00
Sq Ft
7.1000
Acres
Updated 11 minutes ago MLS #: 3149424 Listed 3 weeks ago

$155,000.00 $159,000.00

Est. Monthly: $748.09

About This Property

Located along iconic S Third St/US-61, also known as historic Blues Highway, this 7.1-acre tract presents a rare opportunity to secure a highly visible, well-positioned piece of land in one of Memphis’s most recognizable corridors. With approximately 353 feet of frontage along S Third St and about 1,137 feet of frontage on Westview Rd, the property offers outstanding access, strong street presence, and flexibility that is increasingly difficult to find in an urban market. The extensive road frontage enhances the site’s long-term appeal and gives buyers more options when evaluating layout, access, and future development potential. Public water, public sewer, and electricity are available, creating a major advantage for buyers seeking a tract with infrastructure already nearby. That utility availability, combined with the property’s size and dual-road exposure, makes this a compelling opportunity for investors, developers, and buyers looking for a strategic hold in a major Tennessee market. Memphis remains one of the South’s most important economic engines, known for logistics, transportation, healthcare, manufacturing, and distribution. The city’s central location, strong workforce, and business-friendly environment continue to attract investment and support long-term growth. Beyond the economic appeal, Memphis offers a cultural identity few cities can match, with attractions such as Beale Street, the Mississippi Riverfront, Tom Lee Park, FedExForum, the National Civil Rights Museum, and the iconic Pyramid. With its deep musical roots, historic significance, recognizable landmarks, and strong regional connectivity, Memphis gives this property added appeal beyond simple acreage alone. Whether a buyer is focused on visibility, utility access, development potential, or long-term investment value, this tract offers a rare combination of scale, frontage, and location in a city known worldwide for commerce, culture, and character.

Location

Subdivision Richardson
Directions From Downtown Memphis, take I-55 S to S Third St/US-61. Continue south on S Third St. The property is near Westmont Rd, directly across the street from 4600 Westmont Rd, Memphis, TN 38109.

Interior Features

Exterior & Property

Lot Features Level,Wooded

Schools

K-5
Elementary School
Levi Elementary
6-8
Middle School
Chickasaw Middle
9-12
High School
Westwood High

Property Details

Property Type Land
Annual Taxes $673.00
Listing Office Coldwell Banker Commercial Kinard Realty
Listing Agent Elijah Allen Davis King
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2026-04-04T09:37:21+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.

Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Market Insights

Explore market data for Memphis and the Richardson neighborhood

Memphis Market

City-wide statistics

Explore Memphis
123
Active Listings
$233,628.76
Avg Price
2,076
Avg Sq Ft
3.4
Avg Bedrooms

Richardson

Neighborhood statistics

Explore Richardson
1
Active Listings
$155,000.00
Avg Price
0
Avg Sq Ft
0.0
Avg Bedrooms

Price History

Recent price changes for this property

Apr 3, 2026
Price Decrease
$1,590.00 → $1,550.00
$40.00
Mar 27, 2026
Price Decrease
$1,650.00 → $1,590.00
$60.00
Mar 23, 2026
Price Decrease
$1,670.00 → $1,650.00
$20.00
Mar 20, 2026
Price Decrease
$1,690.00 → $1,670.00
$20.00

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 3149424

Currently active listing

2 weeks ago • Mar 15, 2026

21 days on market

$155,000.00

Originally: $169,000.00