Automotive Property with Office
4359 STAGE Rd Memphis, TN 38128
For Sale
$279,000
SINGLE_FAMILY - Memphis, TN
Property Size4,800 SF
Price / SF$58.13
Days on Market255
Property Features for 4359 STAGE Rd
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 3062
Building Details
- Year built
- 1966
Listing Agency:
The Peyton Co., Inc., REALTORS
(901) 345-5555
Listed By:
Michelle Shelton
(901) 644-8285
Added: Nov 11, 2025
Changed: Jul 10
Last Checked: Jul 24 at 1:06AM
MLS# 10209546
Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is currently being used as a rental car business and is offered with interior space described as over 4,800 square feet, with the intent that it can be transformed into an office building or related operation. The listing notes the opportunity to open your own office, with the existing configuration supporting commercial use.
The sale includes 2896 Cela Rd, directly behind 4359 Stage Rd. The property is located in Memphis, TN 38128 in Shelby County.
The sale includes 2896 Cela Rd, directly behind 4359 Stage Rd. The property is located in Memphis, TN 38128 in Shelby County.
Key Highlights
- 1966‑built property currently used as a rental car business
- Over 4,800 sq ft available
- Sale includes 2896 Cela Rd directly behind 4359 Stage Rd
Financial Insights For Industrial
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 | $37.4k | $7.80 |
| − Vacancy | −$3.4k | −$0.70 |
| EGI | $34.1k | $7.10 |
| − OpEx | −$10.2k | −$2.13 |
| NOI | $23.8k | $4.97 |
4,800 SF · lease $7.80/SF/yr · vacancy 9.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$719.3K
$629.4K – $839.2K
NOI $50,350 @ 7.0% cap · market cap 18.05%
Second Best
Industrial
$340.7K
$298.1K – $397.5K
NOI $23,849 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$1.27M
$1.11M – $1.49M
NOI $89,165 @ 7.0% cap · market cap 31.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
James Pearce, DVM
Veterinary Clinic
Stage Road Animal ...
Veterinary Clinic
Similar Off Market Nearby
- Cooper Tires — Memphis, TN 38128
- Llantera Santa Maria — 2827 Old Austin Peay Hwy, Memphis, TN 38128
- J R C Recovery — 4228 James Rd, Memphis, TN 38128
- Kingz Auto And Custom Paint LLC — 2811 Beverly Hills Rd, Memphis, TN 38128
- Roadside Assistance Service — 2836 Coleman Rd, Memphis, TN 38128
FAQs
What type of property is this?
Auto shop - Currently used as a rental car business with substantial interior space that can be adapted for office use.
Where is this auto shop located?
The property is located at 4359 STAGE Rd Memphis, TN.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 1966‑built property currently used as a rental car business; Over 4,800 sq ft available; Sale includes 2896 Cela Rd directly behind 4359 Stage Rd
