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5251 Poplar Ave 2,732 SF Retail Building Memphis, TN 38119 $1,950,000 ($713.76/SF)
Investment Highlights
- Traffic count over 29,000 vehicles/day.
- Strong visibility between Corky's BBQ & Mattress Firm
- Approximate frontage along Poplar Avenue of 120'
Executive Summary
Two properties included in this amazing location on busy Poplar Avenue. 5245 NS 5251 Poplar, the Outdoors, Inc. location, is available for sale. The combined acreage for both parcels is .30 acres with approximately 120' of frontage along Poplar Avenue. Property sits on the south side of Poplar Avenue between Estate Drive and White Station Road. Traffic counts are over 29,000 vehicles/day.
Parcel ID's: 056037 00007 & 056037 00008
Parcel ID's: 056037 00007 & 056037 00008
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,732 SF
Building Class
C
Year Built
1944
Price
$1,950,000
Price Per SF
$713.76
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.18 AC
Zoning
C-L - CMU1
Parking
10 Spaces (3.66 Spaces per 1,000 SF Leased)
Frontage
79’ on Poplar Ave
Amenities
- Bus Line
- Pylon Sign
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-6037-0-0007 | Improvements Assessment | $72,160 |
| Land Assessment | $68,440 | Total Assessment | $140,600 |
Property Taxes
Parcel Number
05-6037-0-0007
Land Assessment
$68,440
Improvements Assessment
$72,160
Total Assessment
$140,600
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5251 Poplar Ave
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