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    3320 Austin Peay Hwy Memphis, TN 38128

    For Sale
    $1,399,000

    Other (See REMARKS) - Memphis, TN

    Days on Market:
    47
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 3320 Austin Peay Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CMU-2

    Building Details

    Year built
    1984
    Architectural style
    Other

    4 SUCCESS REALTY LLC (901) 683-8229 [email protected]

    Listing agent Deborah Williams (901) 683-8229

    Listing date Oct 21, 2025

    MLS# 10208192 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

    Versatile Commercial Property in Memphis

    This 20,700-square-foot commercial property in Memphis, TN, offers a versatile space suitable for various business ventures. The two-story facility is situated on a spacious lot with abundant on-site parking. The interior features large, open rooms that can be customized. The property is suitable for uses including a funeral home, multi-purpose event or banquet facility, community center, medical or educational institution, or professional office complex.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    In Home Healthcare Home Health Care Service Grayson Temple Church What About Us ... Day Care Center Us Adult Daycare ... Day Care Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9126041
    Latitude
    35.2155589

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    FAQs

    What type of property is this?
    Office building - 20,700 SF commercial property suitable for various business ventures.
    Where is this office building located?
    The property is located at 3320 Austin Peay Hwy Memphis, TN.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: - Expansive 20,700 sq ft commercial property.; - Versatile floor plan suitable for various business ventures.; - Abundant on-site parking.
    (901) 683-8229
    Request Owner's contact information
    3320 Austin Peay Hwy Memphis, TN 38128
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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
    3320 Austin Peay Hwy Memphis, TN 38128
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