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    1553-1559 Madison Ave Memphis, TN 38104

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    For Lease
    Contact for pricing

    Retail space with street visibility and surface parking.

    Property size:
    1,809 SF
    Lot size:
    1.59 Acres

    Property Features for 1553-1559 Madison Ave

    General Information

    Size
    1,809 SF
    Lot size
    1.59 Acres

    Source: Cushman & Wakefield | Commercial Advisors - Memphis Agent Karon Nash

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

    Overview

    Retail Space on Madison Avenue

    This retail space, totaling 1809 square feet, is located on Madison Avenue. The location offers excellent street front visibility and rare midtown surface parking. The property benefits from a traffic count of 13,468 AADT. The location is ideal for neighbor centric amenities such as an ice cream or dessert bar, or a nail or hair salon. An ongoing activation and concert schedule is provided by a national entertainment group.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0098451
    Latitude
    35.1380687

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    FAQs

    What type of property is this?
    Retail space - Retail space with street visibility and surface parking.
    Where is this retail space located?
    The property is located at 1553-1559 Madison Ave Memphis, TN.
    What are key features of this property?
    This property features: - Ideal location for neighbor centric amenities; - Excellent street front visibility; - Rare midtown surface parking
    (901) 366-6070
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    1553-1559 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
    1553-1559 Madison Ave Memphis, TN 38104
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