Prime commercial land opportunity in a high-visibility location on S Mendenhall Rd! This property offers excellent traffic exposure and accessibility, ideal for retail, office, or mixed-use development. Surrounded by established businesses and residential neighborhoods, it provides strong growth potential in one of Memphis’ active commercial corridors. Whether you’re an investor or developer, this site is ready for your next project.
Southeast Memphis, located between I-240 and the Mississippi state line, is a residential and commercial Memphis neighborhood with broad arterial corridors and a patchwork of parks and campuses. The neighborhood’s energy concentrates around the Park Avenue and Mt Moriah Road intersection, where strip plazas, international eateries, and everyday services line wide sidewalks and big parking lots. The Dixon Gallery & Gardens and the Memphis Botanic Garden set a cultured, green counterpoint to the traffic hum. The University of Memphis adds brick-and-glass academic architecture and steady weekday motion. Housing ranges from mid-century ranches to later subdivisions, with mature trees softening long blocks. Greenway segments and nearby lakes shape a practical, outdoors-leaning routine.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Cross roads location
Other topographic features (see remarks)
Other road frontage (see remarks)
Regular-shaped parcel
No improvements reported
Located in MENDENHALL HEALTH CENTER subdivision
Home design
Land property
Construction
Zoned OG
Utilities
No utilities available
Financial info
Annual city tax approximately $532
Annual county tax approximately $564
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10208000
Sep 9, 2026
Price Changed
$29,900
May 13, 2026
Price Changed
$30,000
Apr 5, 2026
Price Changed
$45,000
Jan 18, 2026
Price Changed
$55,000
Oct 17, 2025
Listed
$65,000
Public Records
Oct 17, 1994
Sold
$45,000
Year
Property tax
Land + Additions
Assessment*
2025
$966 (−11.9%)
$18,320
2024
$1,096 (+8.1%)
$18,320
2023
$1,014
$16,640
2022
$1,014 (−1.2%)
$16,640
2021
$1,026 (−14.9%)
$16,640
2020
$1,206
$16,640
2019
$1,206
$16,640
2018
$1,206 (+76.3%)
$16,640
2017
$684
$16,640
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
74 ft.
Lot depth
—
Lot size
10,406 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Shelby County
APN
074001 00179
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
OG
Office General District
The OG District is intended to accommodate a range of more intense professional office uses and a limited range of civic, residential and commercial service uses. The district is intended to be located along freeways and adjacent to commercial uses to act as a buffer between higher intensity commercial and lower intensity residential.
Permitted uses
Include but are not limited to:
Day care facility
Restaurant
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Mixed use
Office
Medical office
Post office
Climate risks
5/10 Flood Factor
Estimated 67-74% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
15% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38115
Average low and high temperatures (°F)
48
30
58
37
72
50
78
58
80
63
89
72
93
76
90
71
86
67
78
56
66
49
55
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 5% for direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2849 S Mendenhall Rd
$28,331
$1,569 under list price of $30K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $40K to $145K.