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Mixed-Use Land for Sale in Memphis, Tennessee

700 S B B King, Memphis, TN 38126

$1,999,000
3.3 acres
Active sale
ago
Est $14,855/mo

A rare AS-IS development opportunity in the heart of downtown Memphis 700 S B.B. King Blvd corridor, offering a strategic three-parcel assemblage ideal for redevelopment or long-term investment. This offering includes: • Parcel 1: 700 S. B.B. King Blvd — Parcel ID: 0110080029C • Parcel 2: Hernando St — Parcel ID: 01100800018 • Parcel 3: 691 Hernando St — Parcel ID: 01100800017 Positioned along one of Memphis’ most visible and historic corridors, this site presents strong potential for mixed-use, residential, commercial, or multifamily development (buyer to verify zoning and permitted uses). The location provides valuable frontage, access, and flexibility an increasingly rare find in this location. Surrounded by ongoing revitalization and minutes from FedEx Forum, South Main, and major transportation routes, this property is perfectly suited for developers or investors seeking scale, visibility, and upside. Sold AS-IS.

Location

Street address
700 S B B King
Elevation
269 feet
Coordinates
35.1284, -90.0543

Property details

Acreage
3.3 acres
Zoning
SDBP
MLS #
MAAR 10212722
Posted

Property taxes

Recent
$16,546

Parcels

  • 011008 00029C

Listing history

DateEventPriceChangeSource
Mar 26, 2026New listing$1,999,000MAAR
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This 3.3-acre property is located at 700 S B B King in Memphis, TN 38126. The property is available for sale for $1,999,000 with a price per acre of $605,758.

Checked 2 hours ago — Updated

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