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    5148 Wheelis Dr Memphis, TN 38117

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    For Lease
    $17 SF/Yr ($3,186 /Mo)

    Office space for lease with immediate occupancy and short term.

    Property size:
    2,249 SF
    Lot size:
    12.49 Acres

    Property Features for 5148 Wheelis Dr

    General Information

    Size
    2,249 SF
    Lot size
    12.49 Acres

    Source: Cushman & Wakefield | Commercial Advisors - Memphis Agent Dave Curran, Jr.

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

    Overview

    Office Space Near Poplar Intersection

    This 2,249 square foot office space is available for lease at $17.00 per square foot, net of utilities, on an as-is basis. A short-term lease of one to two years is available, with immediate occupancy possible. The property is located two miles from the Poplar and I-240 intersection and provides easy access to I-240, I-40, and Highway 385. Over 40 restaurants and amenities are within walking distance.
    Location Intelligence

    Current Use by Public Records

    Academic Advantage Educational Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8902702
    Latitude
    35.1149542

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    FAQs

    What type of property is this?
    Office space - Office space for lease with immediate occupancy and short term.
    Where is this office space located?
    The property is located at 5148 Wheelis Dr Memphis, TN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Immediate occupancy; - Within walking distance of over 40 restaurants & amenities; - Easy access to I-240, I-40, and Hwy 385
    (901) 289-7116
    Request Owner's contact information
    5148 Wheelis Dr Memphis, TN 38117
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    Memphis, TN 38117
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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
    5148 Wheelis Dr Memphis, TN 38117
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