High-Traffic Retail Space
4119 JACKSON AVE Memphis, TN 38128
For Sale
Contact for pricing
Prime retail space on Jackson Avenue, ideal for owner-user.
Property Size941 SF
Price / SF$201.81
Days on Market78
Property Features for 4119 JACKSON AVE
General Information
Standard status
Active
Size
941 SF
Property subtype
Retail
Building Details
Year Built
1947
Listing Agency:
Myers Commercial Real Estate
Listed By:
Melanie Myers Bland · License #TN 288335
Source:
Crexi
Added: May 13
Changed: Jul 10
Last Checked: Jul 28 at 5:31PM
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 Myers Commercial Real Estate
Investment Insights
Based on property information with market context.
Located along Jackson Avenue, this property benefits from high traffic and offers an opportunity for an owner-user or small business operator to establish a presence in Memphis. The site features visibility, convenient access, and consistent daily traffic, supported by a surrounding residential base that drives demand for neighborhood retail and service businesses. The 941-square-foot space has a functional layout suitable for a barbershop, salon, or other service-oriented concept, with the ability to support multiple styling stations. This property provides the flexibility to bring your vision to life.
Key Highlights
- High‑traffic location on Jackson Avenue with excellent visibility.
- Ideal for owner‑user or small business operator.
- Functional layout suitable for barbershop, salon, or similar service business.
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 | $15.2k | $16.20 |
| − Vacancy | −$1.1k | −$1.22 |
| EGI | $14.1k | $14.99 |
| − OpEx | −$4.2k | −$4.50 |
| NOI | $9.9k | $10.49 |
941 SF · lease $16.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$141.0K
$123.4K – $164.5K
NOI $9,871 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$249.7K
$218.5K – $291.3K
NOI $17,480 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Prime retail space on Jackson Avenue, ideal for owner-user.
Where is this retail space located?
The property is located at 4119 JACKSON AVE Memphis, TN.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: High‑traffic location on Jackson Avenue with excellent visibility.; Ideal for owner‑user or small business operator.; Functional layout suitable for barbershop, salon, or similar service business.
