High-Visibility Retail
For Sale
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1911 Poplar Ave, Memphis, TN 38104
4,800 SF retail storefront on Memphis’s high-visibility Poplar Avenue corridor with convenient access.
Property Size4,800 SF
Price / SF$166.46
Days on Market96
Property Features for 1911 Poplar Ave
General Information
Standard status
Active
Size
4,800 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Midtown Memphis Development Corp.
Additional Details
Asking Price
$899,000
Listing Agency:
NAI Saig Company - Memphis
(901) 526-3100
Listed By:
James McCraw · License ##340992
(901) 201-9323
Source:
Moodyscre
Added: Jul 27
Changed: Oct 25
Last Checked: Oct 28 at 11:32AM
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 NAI Saig Company - Memphis
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Investment Insights
Based on property information with market context.
4,800 SF retail property at 1911 Poplar Ave is positioned as a storefront offering strong street visibility and practical access for retail operations. The property is described as being well-suited for owner-occupiers or investors seeking an income-producing retail asset.
Located on Memphis’s high-visibility Poplar Avenue corridor, the property is presented as having excellent exposure and convenient connections to major thoroughfares. It is also described as being near a variety of retail and service amenities, supporting day-to-day customer access.
For tenants evaluating retail storefront space, this property’s core appeal is its combination of frontage visibility along Poplar Avenue and its accessibility to surrounding commercial and residential areas.
Located on Memphis’s high-visibility Poplar Avenue corridor, the property is presented as having excellent exposure and convenient connections to major thoroughfares. It is also described as being near a variety of retail and service amenities, supporting day-to-day customer access.
For tenants evaluating retail storefront space, this property’s core appeal is its combination of frontage visibility along Poplar Avenue and its accessibility to surrounding commercial and residential areas.
Key Highlights
- 4,800 SF retail storefront at 1911 Poplar Ave
- High‑visibility Poplar Avenue corridor location in Memphis
- Excellent exposure for retail customer visibility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,880
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$957,600
$957.6K
Cap Rate 7%
$684,000
$684.0K
Cap Rate 9%
$532,000
$532.0K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$72.0K $15.00/SF
− Vacancy
−$3.6K −$0.75/SF
EGI
$68.4K $14.25/SF
− OpEx
−$20.5K −$4.27/SF
NOI
$47.9K $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%
$957,600
Cap Rate 7%
$684,000
Cap Rate 9%
$532,000
Alternative Uses
Best Use
Retail
$684.0K
$598.5K – $798.0K
NOI $47,880 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,302 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,190
Businesses Nearby
41k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 94%
Beauty & Spa 3%
Home Improvements & Furnishings 3%
MAPCO Mart
Shops & Services
12,391 visits/mo
0.5 miles
Circle K
Shops & Services
11,966 visits/mo
0.4 miles
Shell
Shops & Services
8,731 visits/mo
0.1 miles
Exxon
Shops & Services
5,571 visits/mo
0.2 miles
Fantastic Sams
Beauty & Spa
1,291 visits/mo
0.4 miles
Demographics for 38104, TN
22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Memphis, TN
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- Huey's Florist Memphis TN || SameDay Delivery Available — 1927 Madison Ave, Memphis, TN 38104
Frequently Asked Questions
What type of property is this?
Storefront property - 4,800 SF retail storefront on Memphis’s high-visibility Poplar Avenue corridor with convenient access.
Where is this storefront property located?
The property is located at 1911 Poplar Ave Memphis, TN.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 4,800 SF retail storefront at 1911 Poplar Ave; High‑visibility Poplar Avenue corridor location in Memphis; Excellent exposure for retail customer visibility
