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    3219-3225 N Watkins St Memphis, TN 38127

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    For Lease
    Contact for pricing

    Affordable retail space in redeveloped center, space can be divided.

    Property size:
    2,052 SF
    Lot size:
    0.34 Acres

    Property Features for 3219-3225 N Watkins St

    General Information

    Size
    2,052 SF
    Lot size
    0.34 Acres

    Source: The Shopping Center Group | Memphis Agent Shawn Massey

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

    Overview

    Redeveloped Retail Space Available

    Retail space is available in a center being redeveloped by the Frayser Community Development Corporation. The available space is affordable and can be divided. The traffic count on North Watkins Street is 22,986 AADT. The property size is 2,052 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness 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
    -90.0039321
    Latitude
    35.2136586

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    FAQs

    What type of property is this?
    Retail space - Affordable retail space in redeveloped center, space can be divided.
    Where is this retail space located?
    The property is located at 3219-3225 N Watkins St Memphis, TN.
    What are key features of this property?
    This property features: - Center is being redeveloped by the Frayser Community Development Corporation.; - Affordable retail space.; - Space can be divided to suit your needs.
    (901) 869-2720
    Request Owner's contact information
    3219-3225 N Watkins St Memphis, TN 38127
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    Memphis, TN 38127
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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
    3219-3225 N Watkins St Memphis, TN 38127
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