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    1897-1979 S 3Rd St Memphis, TN 38107

    For Lease
    Contact for pricing

    218,550 SF retail space available for lease.

    Property size:
    857 SF
    Lot size:
    22.30 Acres

    Property Features for 1897-1979 S 3Rd St

    General Information

    Size
    857 SF
    Lot size
    22.30 Acres

    Source: Belz Enterprises Agent Morris Thomas

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

    Overview

    Retail Space in South Memphis

    This retail space offers 218,550 square feet of space. It is situated in South Memphis at the intersection of Third Street and Belz Boulevard. The location is suitable for attracting both residents and employees. The surrounding area within a 3-mile radius has a population of 55,133, with a median household income of $34,614.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Similar Places Nearby

    Southgate Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.057765
    Latitude
    35.0957318

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    FAQs

    What type of property is this?
    Shopping center - 218,550 SF retail space available for lease.
    Where is this shopping center located?
    The property is located at 1897-1979 S 3Rd St Memphis, TN.
    What are key features of this property?
    This property features: - 218,550 SF of Retail Space; - Excellent location to attract residents and employees; - Located in South Memphis at Third and Belz Blvd.
    (901) 260-7348
    Request Owner's contact information
    1897-1979 S 3Rd St Memphis, TN 38107
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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
    1897-1979 S 3Rd St Memphis, TN 38107
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