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1072 N Watkins St 3,496 SF 100% Leased Retail Building Memphis, TN 38107 $150,000 ($42.91/SF)
INVESTMENT HIGHLIGHTS
- Lot Size: Estimated around 5,000–7,000 sq. ft. (based on adjacent parcels)
- Neighborhood: Hyde Park / Evergreen area, close to downtown Memphis
EXECUTIVE SUMMARY
This property at 1072 N Watkins Street is located in the heart of Memphis’ 38107 ZIP code, an area known for its historic charm and proximity to downtown. The lot offers redevelopment potential for residential or investment purposes, with nearby homes selling between $130,000 and $240,000. Its location provides easy access to major roads, schools, and local amenities, making it an attractive option for buyers seeking value and growth opportunity.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,496 SF
Building Class
C
Year Built
1950
Price
$150,000
Price Per SF
$42.91
Percent Leased
100%
Building Height
1 Story
Building FAR
0.23
Lot Size
0.34 AC
Zoning
CMU-1
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04-0033-0-0014 | Improvements Assessment | $76,400 |
| Land Assessment | $8,120 | Total Assessment | $84,520 |
PROPERTY TAXES
Parcel Number
04-0033-0-0014
Land Assessment
$8,120
Improvements Assessment
$76,400
Total Assessment
$84,520
CONTACT
-
Anita Hilliard - Enkia Anita Leach Hilliard
1 of 5
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Enkia Anita Leach Hilliard
1072 N Watkins St
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