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    189 Jefferson Ave Memphis, TN 38103

    For Sale
    Contact for pricing

    Two-story office building with warehouse space in Downtown Memphis.

    Property size:
    11,250 SF
    Lot size:
    0.17 Acres

    Property Features for 189 Jefferson Ave

    General Information

    Size
    11,250 SF
    Lot size
    0.17 Acres

    Source: Colliers | Memphis Agent Henry T. Stratton

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

    Overview

    Historic Office Building with Warehouse

    This historic two-story building in Downtown Memphis offers a total area of 11,250 square feet. Constructed in 1910, the property includes approximately 2,650 square feet of warehouse space and 8,600 square feet of office space. The warehouse features a wet sprinkler system and a minimum clear height of 11 feet 1 inch, accessible via one drive-in door measuring 10 feet by 12 feet. The first floor comprises five offices, two warehouse areas, a bullpen area, a breakroom, and a server room. The second floor includes nine offices, two bullpen areas, and a breakroom.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop 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
    -90.049293
    Latitude
    35.1465745

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    FAQs

    What type of property is this?
    Office building - Two-story office building with warehouse space in Downtown Memphis.
    Where is this office building located?
    The property is located at 189 Jefferson Ave Memphis, TN.
    What are key features of this property?
    This property features: - Historic 2-Story Office Building in Downtown Memphis; - 11,250± SF total building (8,600± SF office & 2,650± SF warehouse); - Warehouse with 11’ 1” minimum clear height and 1 drive-in door (10’ x 12’)
    (901) 375-4800
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    Memphis, TN 38103
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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
    189 Jefferson Ave Memphis, TN 38103
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