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    4775 American Way Memphis, TN 38118

    For Lease
    $8 SF/Yr

    Versatile commercial space for lease in a strategic Memphis location.

    Property size:
    58,887 SF
    Lot size:
    58,887 SF

    Property Features for 4775 American Way

    General Information

    Size
    58,887 SF

    Source: Brian Califf, CCIM Agent Brian Califf, CCIM

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

    Overview

    Memphis Commercial Space For Lease

    Located at 4775 American Way in Memphis, TN, this property offers a versatile leasing opportunity suitable for retail, office, or new ventures. The property features a strategic location, a spacious layout, and modern amenities, providing a professional setting for businesses. It benefits from ample parking, high visibility, and seamless accessibility. The property's exterior is attractive, and the interior is adaptable, offering a first-rate experience for both tenants and clientele. The property is located near I-240 and Perkins Road in East Memphis. The property size is 58887 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Memphis Merit Academy ... Charter School Strive School of Music Music School

    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
    -89.9038636
    Latitude
    35.0730975

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    FAQs

    What type of property is this?
    Office space - Versatile commercial space for lease in a strategic Memphis location.
    Where is this office space located?
    The property is located at 4775 American Way Memphis, TN.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Strategic location near I-240 & Perkins Road in East Memphis.; - Versatile property suitable for retail, office, or new ventures.; - Spacious layout with adaptable interior.
    (901) 830-0421
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    4775 American Way Memphis, TN 38118
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    Memphis, TN 38118
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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
    4775 American Way Memphis, TN 38118
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