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    1038 S Yates Rd Memphis, TN 38119

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    For Sale
    $450,000

    1,897 SF office space in East Memphis for sale.

    Property size:
    1,897 SF

    Property Features for 1038 S Yates Rd

    General Information

    Size
    1,897 SF

    Building Details

    Year built
    1978

    Source: Hank Martin, SIOR Agent Hank Martin, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Memphis Office/Medical Space

    Located in East Memphis, the commercial building at 1038 S Yates Rd, Memphis, TN 38119 offers approximately 1,897 square feet of space. Constructed in 1978, the property is situated near Poplar Avenue and I-240, providing convenient accessibility. The space, formerly utilized as a medical office, includes a waiting room, reception area, seven offices, a break/kitchen room, and two restrooms. This versatile space is suitable for office, medical, or salon use. The location provides easy access to healthcare services, shopping, dining, and recreational activities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Thomas E. Ashbery, ... Podiatrist Zimmerman Stephen H ... Podiatrist Lee Phillip T ... Podiatrist Horowitz Brian D ... Podiatrist

    Suggested Use

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

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

    Similar Places Nearby

    Eastgate Animal Clinic, Angel Care Cancer Clinic, Wiltshire Lauren DVM, Pet Fit Animal Rehabilitation and Fitness, O'Brien Sherrie DVM

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8772262
    Latitude
    35.1032492

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    FAQs

    What type of property is this?
    Medical office - 1,897 SF office space in East Memphis for sale.
    Where is this medical office located?
    The property is located at 1038 S Yates Rd Memphis, TN.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Prime East Memphis location near Poplar Avenue and I-240.; - Versatile 1,897 SF +/- space suitable for office, medical, or salon use.; - Includes **7 offices, reception area, break/kitchen room, and 2 restrooms.**
    (901) 201-0774
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    1038 S Yates Rd Memphis, TN 38119
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    Memphis, TN 38119
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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
    1038 S Yates Rd Memphis, TN 38119
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