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Corner Office, Showroom and Retail Space
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2526 Sam Cooper Blvd, Memphis, TN 38112

Corner office, showroom, and retail property with high visibility in a central Memphis location near restaurants and entertainment.

Property Size2,500 SF
Price / SF$158
Days on Market557

Property Features for 2526 Sam Cooper Blvd

General Information

Standard status Active
Size 2,500 SF
Property subtype OFFICE

Site & Location

Neighborhood Binghampton Development Corp.
Corner Location Yes
Listing Agency: Avison Young | Memphis
Listed By: Jeff Higdon · License #TN 282661
Source: Moodyscre
Added: Apr 22, 2025 Changed: Oct 25 Last Checked: Oct 28 at 10:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young | Memphis

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Investment Insights

Based on property information with market context.

This corner property offers a combined office, showroom, and retail space totaling 2,500 SF. The layout is designed to support a business that needs both work space and customer-facing presentation.

Located at 2526 Sam Cooper Blvd in Memphis, the building sits in the Broad Avenue Arts District and benefits from high visibility in a central location. The property is close to many restaurants and entertainment options, supporting customer traffic and convenient after-work access for staff.

The combination of office, showroom, and retail functionality makes it well-suited for a tenant looking for a single, multi-use footprint for daily operations and customer engagement.

Key Highlights

  • 2,500 SF office, showroom, and retail property
  • Corner location in the Broad Avenue Arts District
  • High visibility in a central location

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,938
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,760 $498.8K
Cap Rate 7%
$356,257 $356.3K
Cap Rate 9%
$277,089 $277.1K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$37.5K $15.00/SF
− Vacancy
−$1.9K −$0.75/SF
EGI
$35.6K $14.25/SF
− OpEx
−$10.7K −$4.27/SF
NOI
$24.9K $9.98/SF
Area
Memphis, TN
Vacancy
5.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,760
Cap Rate 7%
$356,257
Cap Rate 9%
$277,089

Alternative Uses

Best Use
Office B
$546.4K
$478.1K – $637.5K (±1% cap)
NOI $38,250 @ 7.0% cap · market cap 9.68%
Second Best
Retail
$356.3K
$311.7K – $415.6K (±1% cap)
NOI $24,938 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$738.9K
$646.5K – $862.0K (±1% cap)
NOI $51,720 @ 7.0% cap · market cap 13.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Choate's HVAC and Plumbing ... HVAC Service

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Carpet & Flooring Store Bakery Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

664
Businesses Nearby

Demographics for 38112, TN

16,970
Population
7,425
Households
2.3
Avg Household Size
32
Median Age
38%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
3,535
Density / Sq Mi
$52,639
Median Household Income
$29,576
Median Earnings
$969
Median Rent
$206,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025

Frequently Asked Questions

What type of property is this?
Office building - Corner office, showroom, and retail property with high visibility in a central Memphis location near restaurants and entertainment.
Where is this office building located?
The property is located at 2526 Sam Cooper Blvd Memphis, TN.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 2,500 SF office, showroom, and retail property; Corner location in the Broad Avenue Arts District; High visibility in a central location
(901) 870-6740 Call to check price and availability
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