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Investment Highlights
- Medical office property in East Memphis with ±5,376 SF over three levels.
- Recent renovations featuring modernized finishes and functional systems.
- Convenient access to I-240, Poplar Avenue, and surrounding commercial amenities.
- Three existing operatories with capacity for expansion to six on the first floor.
- On-site parking accommodating up to 20 vehicles for staff and patients.
- Includes a wide array of dental equipment and inventory for immediate operational use.
Executive Summary
This East Memphis property offers a premier Class A medical office facility featuring a flexible layout suitable for dental, medical, or lab users. The building spans approximately 5,376 SF across three stories and is fully renovated to deliver modern finishes and functionality. Current configuration includes three operatory rooms with the ability to expand to six on the first floor, supported by multiple labs, X-ray space, and private offices. Exceptional attention to detail and premium materials—such as a slate roof with a 75-year life expectancy—underscore the building’s durability and aesthetic appeal.
Positioned within a highly accessible corridor, the property offers abundant on-site parking with 20 spaces and is just minutes from major highways, including I-240 and Poplar Avenue. Extensive medical and dental equipment inventory is available, making this a plug-and-play opportunity for specialized practices seeking immediate operational readiness. Surrounded by a dense network of healthcare providers, retailers, and residential neighborhoods, this location ensures strong visibility and convenience for patients and staff alike.
Positioned within a highly accessible corridor, the property offers abundant on-site parking with 20 spaces and is just minutes from major highways, including I-240 and Poplar Avenue. Extensive medical and dental equipment inventory is available, making this a plug-and-play opportunity for specialized practices seeking immediate operational readiness. Surrounded by a dense network of healthcare providers, retailers, and residential neighborhoods, this location ensures strong visibility and convenience for patients and staff alike.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,400 SF
Building Class
B
Year Built
1981
Price
$1,200,000
Price Per SF
$222.22
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,700 SF
Slab To Slab
10’
Building FAR
0.33
Lot Size
0.37 AC
Zoning
OG
Parking
31 Spaces (5.74 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 05-6061-0-0028 | Improvements Assessment | $111,720 |
| Land Assessment | $120,680 | Total Assessment | $232,400 |
Property Taxes
Parcel Number
05-6061-0-0028
Land Assessment
$120,680
Improvements Assessment
$111,720
Total Assessment
$232,400
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