Building Details

Year Built 1934

Year Renovated 1957

Buildings 2

Stories 3

Listing Agency: Cushman & Wakefield | Commercial Advisors LLC - Memphis, Tennessee

Listed By: Matt Weathersby · License #TN 286075 Show Phone

Source: Crexi

Added: Feb 17 Changed: Sep 24 Last Checked: Sep 26 at 5:35AM

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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 Cushman & Wakefield | Commercial Advisors LLC - Memphis, Tennessee

Investment Insights

Based on property information with market context.

The Prairie Farms development site is available for acquisition. This offering includes two contiguous parcels located on Madison Avenue in the heart of Midtown Memphis, immediately adjacent to the historic Overton Square, a vibrant and established cultural district. The property size is 129612 square feet. The property is suitable for mixed-use, hospitality, and retail developments.

Key Highlights

• Prime development site in the heart of Midtown Memphis.
• Located on Madison Avenue.
• Adjacent to the historic Overton Square cultural district.

Property Analytics

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Current Use

Turner Dairy Agricultural Supply

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service Building Supply Storage Facility Electrical 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

1,169

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Development site in the heart of Midtown Memphis.

Where is this mixed-use property located?

The property is located at 2040 Madison Ave Memphis, TN.

What are key features of this property?

This property features: Prime development site in the heart of Midtown Memphis.; Located on Madison Avenue.; Adjacent to the historic Overton Square cultural district.