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1430 Poplar Ave 4,976 SF 100% Leased Office Building Memphis, TN 38104 $849,999 ($170.82/SF)
Investment Highlights
- 5 bathrooms, large parking lot with custom fence. All major features including roof less than 4 years old. Turn key move in ready.
Executive Summary
Exceptional commercial opportunity in a prime location! Built in 2022, this modern, newer-construction building offers approximately 5,000 sq ft of highly versatile space. Enjoy peace of mind with all major systems under 4 years old, including a newer roof and 4 high-efficiency HVAC systems. The functional layout features a full kitchen and 5 bathrooms, making it completely turn-key. Designed for security and convenience, the property boasts a large, paved parking lot fully enclosed by a custom iron fence and gate. The flexible floor plan provides endless possibilities, making it ideal for professional office space, a medical clinic, an upscale daycare, or retail. Situated on Poplar Avenue, your business will benefit from maximum visibility and heavy traffic counts. Bank just had property appraised at $1,498,000.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Building Size
4,976 SF
Building Class
B
Year Built
2022
Price
$849,999
Price Per SF
$170.82
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 - Multi Use.
Parking
17 Spaces (3.42 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Courtyard
- Fenced Lot
- Security System
- Outdoor Seating
- Air Conditioning
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Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
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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Contact the Sale Advisor
1430 Poplar Ave