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    1839 Madison Ave Memphis, TN 38104

    For Lease
    Contact for pricing

    1,020 SF retail space with direct street access.

    Property size:
    1,020 SF
    Lot size:
    1.52 Acres

    Property Features for 1839 Madison Ave

    General Information

    Size
    1,020 SF
    Lot size
    1.52 Acres

    Source: Makowsky Ringel Greenberg, LLC Agent Michael Greenberg

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

    Overview

    Retail Space in Apartment Building

    This 1,020 square-foot retail space is located within the new Madison@McLean apartment building, situated at the corner of Madison Avenue and McLean. The ground floor space features direct street access and benefits from built-in traffic from over 100 building residents, as well as the surrounding neighborhood. It is suitable for retail or office uses that can benefit from walk-in traffic. There is no dedicated parking for this space.
    Location Intelligence

    Current Use by Public Records

    Madison@McLean Apartment Complex Barkers Condominium Complex

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9999264
    Latitude
    35.1375882

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    FAQs

    What type of property is this?
    Retail space - 1,020 SF retail space with direct street access.
    Where is this retail space located?
    The property is located at 1839 Madison Ave Memphis, TN.
    What are key features of this property?
    This property features: - High-traffic location at the corner of Madison Avenue and McLean Avenue.; - Direct street access on the ground floor.; - Built-in customer base from over 100 building residents.
    (901) 283-6703
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    1839 Madison Ave Memphis, TN 38104
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    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
    1839 Madison Ave Memphis, TN 38104
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