449 Patterson St | Memphis, TN 38111
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- LoopNet Team
449 Patterson St
Memphis, TN 38111
Prime University District Property · Office Property For Sale
Investment Highlights
- Situated on a .74-acre corner lot, the site features 64 marked parking spaces, a rare asset in the University District where parking is limited
- Property offers a rare purchase opportunity in the heart of the University of Memphis campus
- Surrounded by a mix of university facilities, Greek housing, private student apartments, and long-standing Memphis institutions
Property Facts
Property Type
Office
Property Subtype
Building Size
7,047 SF
Building Class
B
Year Built
1937
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,570 SF
Building FAR
0.22
Lot Size
0.75 AC
Zoning
CMU-1
Parking
66 Spaces (9.37 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $250,000 | |
| Land Assessment | $163,500 | Total Assessment | $413,500 |
Property Taxes
Parcel Numbers
Land Assessment
$163,500
Improvements Assessment
$250,000
Total Assessment
$413,500
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