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    1331 Union Ave Memphis, TN 38104

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    For Lease
    Contact for pricing

    Office spaces in landmark building, ideal for medical users.

    Property size:
    14,983 SF
    Lot size:
    1.12 Acres

    Property Features for 1331 Union Ave

    General Information

    Size
    14,983 SF
    Lot size
    1.12 Acres

    Source: Avison Young | Memphis Agent Justin Sypult

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

    Overview

    Union Avenue Landmark Office Space

    Office spaces are available in a landmark building on Union Avenue, ranging from 980 square feet to 38,285 square feet. A full floor is available on the ground floor, including a motorcourt, offering approximately 40,000 square feet. Secured covered parking is available. The building offers naming rights, electronic billboard availability, and signage opportunities. The location is ideal for medical users due to its proximity to Methodist Hospital, Southern College of Optometry, and the Medical District in Midtown. The property provides excellent access to nearby shopping and restaurants on Union and Madison Avenues. The property size is 14,983 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Aletheia Productions Video Production Service Edison Electricians of Memphis Electrician Al-Anon & Al-Ateen Alcoholism Treatment Program Attorney Precious Coleman Attorney Design Pro Web ... Web Hosting Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -90.0174237
    Latitude
    35.1367757

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    FAQs

    What type of property is this?
    Office space - Office spaces in landmark building, ideal for medical users.
    Where is this office space located?
    The property is located at 1331 Union Ave Memphis, TN.
    What are key features of this property?
    This property features: - Office space available, ranging from 980 sf to 38,285 sf, in a landmark building on Union Avenue.; - Ideal location for medical professionals, close to Methodist Hospital, Southern College of Optometry, and the Medical District.; - **Full ground floor availability, including motorcourt, approximately 40,000 sf.**
    (901) 497-7958
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    1331 Union Ave Memphis, TN 38104
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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
    1331 Union Ave Memphis, TN 38104
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