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    2535 Broad Ave Memphis, TN 38112

    For Sale
    Contact for pricing

    Commercial - Memphis, TN

    Days on Market:
    55
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 2535 Broad Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Year built
    1915
    Architectural style
    Other

    Leco realty Inc (901) 272-9028 [email protected]

    Listing agent Lowell Brister (901) 272-9028

    Listing date Oct 20, 2025

    MLS# 10205815 Listing URL

    Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Opportunity in Broad Avenue

    This retail property is located in the Broad Avenue business district, surrounded by other retail establishments. The area is experiencing exponential growth, particularly with the recent addition of almost 400 residential units directly across the street. The property consists of approximately 2000 square feet. The owner also has another property available at 2543 Broad Ave.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9749385
    Latitude
    35.147815

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    FAQs

    What type of property is this?
    Retail space - Retail space in growing Broad Avenue business district.
    Where is this retail space located?
    The property is located at 2535 Broad Ave Memphis, TN.
    What is the asking price?
    The asking price for this property is $2,550.
    What are key features of this property?
    This property features: - High-growth area due to recent addition of 400 residential units across the street.; - Located in the Broad Avenue business district, surrounded by other retail establishments.; - Approximately 2000 square feet of retail space available for lease.
    (901) 272-9028
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2535 Broad Ave Memphis, TN 38112
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