We use the coupled cluster method for infinite chains complemented by exact diagonalization of finite periodic chains to discuss the influence of a third-neighbor exchange J3 on the ground state of the spin-1/2 Heisenberg chain with ferromagnetic nearest-neighbor interaction J1 and frustrating antiferromagnetic next-nearest-neighbor interaction J2. A third-neighbor exchange J3 might be relevant to describe the magnetic properties of the quasi-one-dimensional edge-shared cuprates, such as LiVCuO4 or LiCu2O2. In particular, we calculate the critical point J2^c as a function of J3, where the ferromagnetic ground state gives way for a ground state with incommensurate spiral correlations. For antiferromagnetic J3 the ferro-spiral transition is always continuous and the critical values J2^c of the classical and the quantum model coincide. On the other hand, for ferromagnetic J3 lesssim -(0.01...0.02)|J1| the critical value J2^c of the quantum model is smaller than that of the classical model. Moreover, the transition becomes discontinuous, i.e. the model exhibits a quantum tricritical point. We also calculate the height of the jump of the spiral pitch angle at the discontinuous ferro-spiral transition.
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