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Multi-Work-Area Flex Building
For Sale
$275,000

726 SCOTT St, Memphis, TN 38112

Commercial/Industrial, Memphis, TN

Property SizeContact for details
Days on Market18

Property Features for 726 SCOTT St

General Information

Property type Commercial Sale
Property subtype Other
Subdivision ARMOUR
Standard status Active

Taxes and HOA fees

Tax Annual Amount 525

Building Details

Year built 1950
Listing Agency: eXp Realty, LLC
Listed By: Steve Young · License #301448
Added: Aug 6 Changed: Aug 20 Last Checked: Aug 23 at 4:06AM
MLS# 10228590

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This flex space property was built in 1950 and contains several separate work areas within the building. Two tenants currently lease space, providing an existing multi-occupant configuration. The property is being sold as-is, with showings available by appointment and advance notice required.

The building is located near the Broad Street redevelopment area in Memphis, offering a setting connected to an active nearby redevelopment district. The address is 726 SCOTT St, Memphis, TN 38112.

Key Highlights

  • Several work areas within the building
  • Space leased to two tenants
  • Built in 1950

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

751
Businesses Nearby
Under-served
Demand for This Use

Demographics for 38112, TN

16,970
Population
7,425
Households
2.3
Avg Household Size
32
Median Age
38%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
3,535
Density / Sq Mi
$52,639
Median Household Income
$29,576
Median Earnings
$969
Median Rent
$206,900
Median Home Value

Market

Vacancy Rate% for Industrial in Memphis, TN

5.5% 2019
6.3% 2020
4.8% 2021
4.5% 2022
7.4% 2023
8.8% 2024
8.5% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - The building includes several work areas, with space currently leased to two tenants and offered as-is.
Where is this flex space located?
The property is located at 726 SCOTT St Memphis, TN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Several work areas within the building; Space leased to two tenants; Built in 1950
More about this property
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