2924 Walnut Grove Rd | Memphis, TN 38111
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- LoopNet Team
2924 Walnut Grove Rd
Memphis, TN 38111
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- VPD count very high.
- Situated amongst several improved properties. Baudoin Interiors, Carlton Architecture, Walnut Grove Animal, Lusk Gallery, RFK builders, Funeral Home.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,351 SF
Building Class
B
Year Built/Renovated
1963/1976
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.50
Lot Size
0.43 AC
Zoning
C-L
Parking
32 Spaces (3.42 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
ABOUT 2924 WALNUT GROVE RD , MEMPHIS, TN 38111
Multi-Tenant, Investment property. Current Gross Income is $5,300 Monthly. 1,900 SFT OFFICE VACANCY UPSTAIRS WITH $2-K MONTHLY POTENTIAL RENT. Additional 650 sft vacancy available downstairs/rear NW Corner (currently misc. storage. Includes STUDIO APARTMENT AVAILABLE (NOT ON RENT ROLL) Call Robert Taylor 901-233-5719 or Herbert Cochrane 901-351-2584 Onsite and street parking. ON-SITE AND ADDITIONAL STREET PARKING. Very high VPD count.
PROPERTY TAXES
| Parcel Number | 03-7033-0-0008C | Improvements Assessment | $149,800 |
| Land Assessment | $43,160 | Total Assessment | $192,960 |
PROPERTY TAXES
Parcel Number
03-7033-0-0008C
Land Assessment
$43,160
Improvements Assessment
$149,800
Total Assessment
$192,960
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