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1027 S Yates Rd 2,940 SF 49% Leased Office Building Memphis, TN 38119 $695,000 ($236.39/SF)
EXECUTIVE SUMMARY
Offered at $695,000, this fully renovated two-story office building presents an exceptional opportunity for owner-users or investors seeking a high-quality asset in the heart of the East Memphis Office Corridor. The property features multiple private offices, a spacious training room, and a large, welcoming lobby designed to create a professional first impression.
The building offers 10+ dedicated parking spaces and an efficient layout that is ideal for one or two tenants, providing flexibility for a variety of business uses. Surrounded by national retailers and popular restaurants, the location delivers both convenience and strong visibility.
With easy access to I-240 and Highway 385, this prime East Memphis location ensures excellent connectivity throughout the Memphis metro area, making it an ideal headquarters for professional, medical, or corporate users.
The building offers 10+ dedicated parking spaces and an efficient layout that is ideal for one or two tenants, providing flexibility for a variety of business uses. Surrounded by national retailers and popular restaurants, the location delivers both convenience and strong visibility.
With easy access to I-240 and Highway 385, this prime East Memphis location ensures excellent connectivity throughout the Memphis metro area, making it an ideal headquarters for professional, medical, or corporate users.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,940 SF
Building Class
C
Year Built
1984
Price
$695,000
Price Per SF
$236.39
Percent Leased
49%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,470 SF
Slab To Slab
10’
Building FAR
0.37
Lot Size
0.18 AC
Zoning
OG
Parking
12 Spaces (4.08 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Conferencing Facility
- Security System
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Ground Floor Office Space Includes 5 parking spaces Flexible Configuration with Large Training Room, 1 private restroom, 3 private offices plus reception area, or 4th office, 1 file room, small break room
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 101 | 1,500 SF | Office | - | Now |
1st Fl-Ste 101
| Size |
| 1,500 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 101
| Size | 1,500 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Ground Floor Office Space Includes 5 parking spaces Flexible Configuration with Large Training Room, 1 private restroom, 3 private offices plus reception area, or 4th office, 1 file room, small break room
1 1
PROPERTY TAXES
| Parcel Number | 05-6057-0-0033 | Improvements Assessment | $174,480 |
| Land Assessment | $54,760 | Total Assessment | $229,240 |
PROPERTY TAXES
Parcel Number
05-6057-0-0033
Land Assessment
$54,760
Improvements Assessment
$174,480
Total Assessment
$229,240
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1027 S Yates Rd
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