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    2293 Union Ave Memphis, TN 38104

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    For Sale
    Contact for pricing

    Mixed-use property featuring retail/office and residential spaces.

    Property size:
    4,389 SF
    Lot size:
    0.25 Acres

    Property Features for 2293 Union Ave

    General Information

    Size
    4,389 SF
    Lot size
    0.25 Acres

    Source: The Shopping Center Group | Metro DC Agent Hurston Reed

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

    Overview

    Mixed-Use Building on Union Avenue

    This mixed-use property features a 3,850 square foot building situated on a 0.25-acre lot. The layout includes 1,925 square feet of retail or office space on the ground floor and an additional 1,925 square feet of residential space on the second floor. The property provides 15 parking spaces. Located on Union Avenue, the site benefits from a traffic count of 31,850 AADT.
    Insight Report Location Intelligence

    Current Use by Public Records

    Stress Reduction Clinic Medical Clinic

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -89.9852622
    Latitude
    35.1334347

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring retail/office and residential spaces.
    Where is this mixed-use property located?
    The property is located at 2293 Union Ave Memphis, TN.
    What are key features of this property?
    This property features: - Mixed-use property: **1,925 sf retail/office and 1,925 sf residential space**.; - **High traffic location: 31,850 AADT on Union Ave.**; - **Ample parking: 15 parking spaces.**
    (703) 893-5141
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    2293 Union 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
    2293 Union Ave Memphis, TN 38104
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