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4570 Raleigh Lagrange Rd 7,088 SF 100% Leased Retail Building Memphis, TN 38128 $400,000 ($56.43/SF)
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$63,444
|
$8.95
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$63,444
|
$8.95
|
| Taxes |
$6,320
|
$0.89
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,320
|
$0.89
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $63,444 |
| Annual Per SF | $8.95 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $63,444 |
| Annual Per SF | $8.95 |
| Taxes | |
|---|---|
| Annual | $6,320 |
| Annual Per SF | $0.89 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $6,320 |
| Annual Per SF | $0.89 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,088 SF
Building Class
C
Year Built
1994
Price
$400,000
Price Per SF
$56.43
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.64 AC
Zoning
CP
Parking
20 Spaces (2.82 Spaces per 1,000 SF Leased)
Frontage
125’ on Raleigh Lagrange Rd
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Jamal's Barber Shop
- Health Care and Social Assistance
- 1,000 SF
- $10.00
- Modified Gross
- -
- Johnny's Used Appliances
- Retailer
- 3,000 SF
- $8.56
- Modified Gross
- -
- Lifestyle Screen Printing
- Manufacturing
- -
- -
- -
- -
- Window tinting
- -
- 1,000 SF
- $10.56
- Modified Gross
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Jamal's Barber Shop | Health Care and Social Assistance | 1,000 SF | $10.00 | Modified Gross | - | |
| Johnny's Used Appliances | Retailer | 3,000 SF | $8.56 | Modified Gross | - | |
| Lifestyle Screen Printing | Manufacturing | - | - | - | - | |
| Window tinting | - | 1,000 SF | $10.56 | Modified Gross | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Overhead doors in these 3 combined spaces. Currently a used appliance dealer.
| Space | Size | Space Use | Position | Available |
| 5-7 | 3,000 SF | Retail | End Cap | Now |
5-7
| Size |
| 3,000 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
5-7
| Size | 3,000 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Overhead doors in these 3 combined spaces. Currently a used appliance dealer.
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-8008-0-0217C | Total Assessment | $146,880 |
| Land Assessment | $55,080 | Annual Taxes | $6,320 ($0.89/SF) |
| Improvements Assessment | $91,800 | Tax Year | 2025 |
Property Taxes
Parcel Number
08-8008-0-0217C
Land Assessment
$55,080
Improvements Assessment
$91,800
Total Assessment
$146,880
Annual Taxes
$6,320 ($0.89/SF)
Tax Year
2025
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4570 Raleigh Lagrange Rd
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