Retail Space for
2207 S Lauderdale St Memphis, TN 38106
2207 S Lauderdale St, Memphis, TN, 38106
Contact for pricing
For Sale
Contact for pricing
Retail space totaling 1,275 square feet available for sale.
Property Size1,275 SF
Price / SF$313.73
Days on Market138
Property Features for 2207 S Lauderdale St
General Information
- Standard status
- Active
- Size
- 1,275 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1950
Listing agency
Braden, Braden & Braden CRE
(901) 881-2070
Listed by
Curtis Braden · License #TN-284224
Source
Crexi
Added: Mar 5 Updated: Jul 21 at 1:34AM Checked: Jul 21 at 1:34AM
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 Braden, Braden & Braden CRE
Investment Insights
Based on property information with market context.
This offering is a retail property with a total size of 1,275 square feet, presented for sale. The space is marketed as retail in the listing details provided.
The property is located at 2207 S Lauderdale St in Memphis, Tennessee. No additional building features, tenant improvements, or site details were provided with the information available.
For buyers and brokers, this provides a straightforward retail footprint centered on the stated total area.
The property is located at 2207 S Lauderdale St in Memphis, Tennessee. No additional building features, tenant improvements, or site details were provided with the information available.
For buyers and brokers, this provides a straightforward retail footprint centered on the stated total area.
Key Highlights
- Retail space for sale totaling 1,275 sq ft
- Built in 1950
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.1k | $15.00 |
| − Vacancy | −$956 | −$0.75 |
| EGI | $18.2k | $14.25 |
| − OpEx | −$5.5k | −$4.27 |
| NOI | $12.7k | $9.98 |
1,275 SF · lease $15.00/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$181.7K
$159.0K – $212.0K
NOI $12,718 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$376.8K
$329.7K – $439.6K
NOI $26,377 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
After Life Mortuary ...
Social Service Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail space totaling 1,275 square feet available for sale.
Where is this retail space located?
The property is located at 2207 S Lauderdale St Memphis, TN.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Retail space for sale totaling 1,275 sq ft; Built in 1950