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1430 Poplar Ave 4,976 SF 100% Leased Office Building Memphis, TN 38104 $1,500,000 ($301.45/SF)
EXECUTIVE SUMMARY
Midtown Montessori School, a upscale facility constructed in 2022, is being offered for sale. Located on Poplar Ave in Midtown Memphis—one of the city’s most desirable and accessible areas—the school serves students from K-1 through 6th grade and has maintained full capacity since opening. Priced below construction cost, this investment offers significant upside potential. The property’s strategic location near Memphis Zoo and top universities ensures high demand. The opportunity to own a beautiful newly built school.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
4,976 SF
Building Class
B
Year Built
2022
Price
$1,500,000
Price Per SF
$301.45
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
4,976 SF
Building FAR
0.15
Lot Size
0.76 AC
Opportunity Zone
Yes
Zoning
CMU-3
Parking
17 Spaces (3.42 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 02-0036-0-0016C | Improvements Assessment | $534,360 |
| Land Assessment | $123,480 | Total Assessment | $657,840 |
PROPERTY TAXES
Parcel Number
02-0036-0-0016C
Land Assessment
$123,480
Improvements Assessment
$534,360
Total Assessment
$657,840
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1430 Poplar Ave
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