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    3614 S Perkins Rd Memphis, TN 38118

    For Sale
    $500,000

    Commercial - Memphis, TN

    Days on Market:
    82
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for 3614 S Perkins Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Year built
    1980
    Architectural style
    Other

    HARRIS REALTY SERVICES, LLC (901) 372-8003 [email protected]

    Listing agent Virgil Pryor (901) 372-8003

    Listing date Sep 24, 2025

    MLS# 10206144 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, Memphis

    This commercial property, situated in Memphis, Tennessee, is located near major highways and local roads. The property occupies 0.71 acres and includes ample parking. The building's capacity ranges from 150 to 175 people, making it suitable for a variety of uses including a pet facility, office space, daycare center, event venue, or small distribution center. The building features multiple restrooms and incorporates several recent updates. The flexible layout and accessible location present opportunities for numerous business ventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Klassy Kids Academy Day Care Center Outstanding Occasions Event Planner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.907274
    Latitude
    35.0499955

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    FAQs

    What type of property is this?
    Retail space - Adaptable commercial building suitable for various business types.
    Where is this retail space located?
    The property is located at 3614 S Perkins Rd Memphis, TN.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Versatile Commercial Space: **Suitable for a pet facility, office, daycare, event space, or small distribution center.**; - Strategic Location: Situated near major highways and local roads.; - Ample Parking: Property includes plenty of parking space.
    (901) 372-8003
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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
    3614 S Perkins Rd Memphis, TN 38118
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