Investor & builder alert! Prime opportunity to build in a rapidly developing area of Memphis. Located at 7 W Dempster, this level, completely vacant lot is ready for your next project. With extensive new construction nearby and exciting new developments unfolding downtown, this location offers immense growth potential. Perfect for a lucrative cash-flow rental, a high-yield short-term rental/Airbnb, or a spec home. Low entry price, high upside potential. Bring your plans and secure this asset!
Lot/land
$7,500
7 W Dempster Ave, Memphis, TN 38109
--beds
--baths
5,662Square Feet
Unimproved Land
Built in ----
5,662 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Level completely vacant lot
- 97 days |
- 18 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Taylor Shaw,
Grand Point Realty, LLC 901-878-5255
Source: MAAR,MLS#: 10222276
Facts & features
Property
Lot
- Size: 5,662 Square Feet
- Dimensions: 6000
- Features: City Lot, Regular
- Topography: Level
Details
- Parcel number: 05002500008
- Zoning: RU-1
- Zoning description: Adjacent Area: Single Family
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: New South Memphis Blk 1
Location
- Region: Memphis
Financial & listing details
- Tax assessed value: $5,000
- Annual tax amount: $65
- Date on market: 5/22/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$912/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Listed for sale | $7,500+50% |
Source: | ||
| 10/6/2023 | Sold | $5,000 |
Source: | ||
| 10/5/2023 | Pending sale | $5,000 |
Source: | ||
| 9/22/2023 | Listed for sale | $5,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $66 +0.1% | $1,250 +25% |
| 2024 | $66 +8.1% | $1,000 |
| 2023 | $61 | $1,000 |
| 2022 | -- | $1,000 |
| 2021 | -- | $1,000 |
| 2020 | $32 | $1,000 |
| 2019 | $32 -21.1% | $1,000 |
| 2018 | $41 | $1,000 |
| 2017 | -- | -- |
| 2016 | -- | -- |
| 2014 | -- | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: White Haven-Coro Lake
Nearby schools
GreatSchools rating
- 6/10Riverview Middle SchoolGrades: PK-8Distance: 0.9 mi
- 3/10Hamilton High SchoolGrades: 9-12Distance: 2.8 mi
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