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    400 Union Ave Memphis, TN 38103

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    For Sale
    $5,300,000

    Office building with controlled access parking and major street access.

    Property size:
    16,525 SF
    Lot size:
    0.77 Acres

    Property Features for 400 Union Ave

    General Information

    Size
    16,525 SF
    Lot size
    0.77 Acres

    Source: CBRE | Memphis Agent Kelly Truitt

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

    Overview

    Highly Visible Accessible Office Building

    This is a highly visible and easily accessible office building. It features controlled access parking and major street access. The property has a size of 16,525 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Made in Memphis Entertainment Record Company 4U Recording Recording Studio Beatroot Record Company CBee SUPREME Music Producer

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Wholesale Shop Dental Office Hair Salon Auto Repair Shop Nail 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
    -90.0441038
    Latitude
    35.1408641

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    FAQs

    What type of property is this?
    Office building - Office building with controlled access parking and major street access.
    Where is this office building located?
    The property is located at 400 Union Ave Memphis, TN.
    What is the asking price?
    The asking price for this property is $5,300,000.
    What are key features of this property?
    This property features: - Highly Visible location; - Easily Accessible; - Major Street Access for convenient commutes
    (901) 299-0220
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    400 Union Ave Memphis, TN 38103
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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
    400 Union Ave Memphis, TN 38103
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