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Freestanding Office Building with Garage
For Sale
Contact for pricing
Pending

420 S Highland St, Memphis, TN 38111

The property includes CMU-1 zoning, a detached rear garage, patio space, and restored interior finishes.

Property SizeContact for details
Days on Market145

Property Features for 420 S Highland St

General Information

Standard status Pending
Property subtype Office
Listing Agency: Crye-Leike Commercial Memphis
Listed By: Eric Fuhrman · License #TN 291774
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 1 at 8:23AM

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 Crye-Leike Commercial Memphis

Investment Insights

Based on property information with market context.

This freestanding office building contains 1,474 SF and occupies a corner position on South Highland Street. The former residential structure features restored interior finishes, an outdoor patio, and a detached garage at the rear. A driveway provides additional off-street parking capacity.

The property is situated in Memphis’s University District, directly across South Highland from Highland Row, a mixed-use development with Char, Smoothie King, Newk’s, Casual Pint, and other businesses. CMU-1 zoning and the existing office configuration provide a defined commercial setting for an owner-user or investor evaluating the property.

Key Highlights

  • 1,474 SF freestanding office building on a corner property
  • CMU‑1 zoning
  • Detached rear garage

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Garden Center

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

897
Businesses Nearby

Demographics for 38111, TN

40,533
Population
20,084
Households
2
Avg Household Size
34
Median Age
38%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
4,136
Density / Sq Mi
$52,806
Median Household Income
$33,449
Median Earnings
$1,077
Median Rent
$165,200
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - The property includes CMU-1 zoning, a detached rear garage, patio space, and restored interior finishes.
Where is this office building located?
The property is located at 420 S Highland St Memphis, TN.
What are key features of this property?
This property features: 1,474 SF freestanding office building on a corner property; CMU‑1 zoning; Detached rear garage
More about this property
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