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    81 Monroe Ave Memphis, TN 38103

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    For Lease
    Contact for pricing

    Office space in a premier downtown Memphis location.

    Property size:
    3,108 SF
    Lot size:
    0.09 Acres

    Property Features for 81 Monroe Ave

    General Information

    Size
    3,108 SF
    Lot size
    0.09 Acres

    Source: Avison Young | Memphis Agent Michael Donahoe

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

    Overview

    Downtown Memphis Office Space

    Located in downtown Memphis, this property offers office spaces on the 3rd and 4th floors, each spanning 3,108 square feet. The spaces, previously occupied by law offices, feature 12-foot ceiling heights. The building includes new, state-of-the-art elevator upgrades. Its location provides close proximity to various downtown amenities, including restaurants, shops, boutiques, banking facilities, and convenience stores.
    Insight Report Location Intelligence

    Current Use by Public Records

    Wells & Associates, PLLC Law Firm Berry Cooper Corporate Office The Crump Firm - Architects Architect McNabb, Bragorgos, Burgess ... Legal Services Michael B. Neal Personal Injury Attorney

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Daycare Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0538038
    Latitude
    35.1442588

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    FAQs

    What type of property is this?
    Office space - Office space in a premier downtown Memphis location.
    Where is this office space located?
    The property is located at 81 Monroe Ave Memphis, TN.
    What are key features of this property?
    This property features: - Premier Downtown Memphis location; - Full floor availabilities offering 3,108 sf floor size; - New state of the art elevator upgrades
    (901) 230-0601
    Request Owner's contact information
    81 Monroe 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
    81 Monroe Ave Memphis, TN 38103
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