# 386 E PONTOTOC Ave lot: 6,4 Pts2&3, Memphis, TN 38126

> **TL;DR:** land, $925,000. Est. $4,008/mo. Listed 60 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $925,000 |
| Lot Size | 34,848 sqft (0.80 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 60 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,008 |
| **Total** | **$4,008** |

## Property Highlights

- 0.80 acre lot

## Description

### Agent Description
PRIME DEVELOPMENT OPPORTUNITY in the heart of downtown Memphis. This is a combination of 3 lots, totaling +/-34,670 square foot (+/-0.8 acre). The site is ideally located at 4th & Pontotoc, near Fed Ex Forum and one block from Beale Street within the Sports & Entertainment District. Zoned for mixed-use and residential development, the property is well-suited for a boutique infill project including luxury condominiums, apartments, or a parking structure. The site is also located within a designated Opportunity Zone and benefits from significant nearby public and private investment. Adjacent parcels may be purchased for additional future assemblage potential. Rare opportunity to acquire a strategically located development site in one of Memphis' most active and evolving districts.

## Location

- **Address:** 386 E PONTOTOC Ave lot: 6,4 Pts2&3, Memphis, TN 38126
- **County:** Shelby
- **Neighborhood:** BLK 50
- **Coordinates:** 35.13636, -90.048682
- **Google Maps:** https://www.google.com/maps?q=35.13636,-90.048682

## Listing Agent

- **Name:** Bruce Johnson
- **Brokerage:** mlsAssist
- **Phone:** 9012666000
- **Email:** bruce222@bellsouth.net

## Primary Photo

![386 E PONTOTOC Ave lot: 6,4 Pts2&3 - Primary Photo](http://lh.rdcpix.com/166b4da33fddfa45822ea569b3b1bf3dl-f2081836968r.jpg)

*8 total photos available on [listing page](https://www.propertysimple.com/listing/386-e-pontotoc-ave-lot-6-4-pts2-3-memphis-tn-38126-10218351)*

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**MLS#:** 10218351 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/386-e-pontotoc-ave-lot-6-4-pts2-3-memphis-tn-38126-10218351)

---

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