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Multi-Tenant Flex Building
For Sale
$275,000

726 SCOTT St, Memphis, TN 38112

COMMERCIAL - Memphis, TN

Property SizeContact for details
Days on Market13

Property Features for 726 SCOTT St

General Information

Property type Commercial Sale
Property subtype Other
Subdivision ARMOUR
Standard status Active

Taxes and HOA fees

Tax Annual Amount 525

Building Details

Year built 1950
Listing Agency: eXp Realty, LLC
Listed By: Steve Young · License #301448
Added: Aug 6 Changed: Aug 17 Last Checked: Aug 18 at 11:06PM
MLS# 10228590

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 flex-space property at 726 SCOTT St in Memphis includes several separate work areas and is configured with space leased to two tenants. The building was constructed in 1950 and is being offered in its current as-is condition.

The property is near the Broad Street redevelopment area in Memphis, TN 38112. Its existing work-area layout may accommodate businesses such as machine shops, auto repair operations, or lawn-service companies, as identified in the property information. Showings are available by appointment with advance notice.

Key Highlights

  • Two tenants currently lease space in the building
  • Several work areas provide a functional flex‑space layout
  • Constructed in 1950

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Hair Salon

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

476
Businesses Nearby
Under-served
Demand for This Use

Demographics for 38112, TN

16,970
Population
7,425
Households
2.3
Avg Household Size
32
Median Age
38%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
3,535
Density / Sq Mi
$52,639
Median Household Income
$29,576
Median Earnings
$969
Median Rent
$206,900
Median Home Value

Market

Vacancy Rate% for Industrial in Memphis, TN

5.5% 2019
6.3% 2020
4.8% 2021
4.5% 2022
7.4% 2023
8.8% 2024
8.5% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 1950-built commercial building with multiple work areas and leased space.
Where is this flex space located?
The property is located at 726 SCOTT St Memphis, TN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two tenants currently lease space in the building; Several work areas provide a functional flex‑space layout; Constructed in 1950
More about this property
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