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    5050 Poplar Ave Memphis, TN 38157

    Sponsored
    For Lease
    $19 SF/Yr
    Lot size:
    276,226 SF
    Added:
    Dec 11, 2024
    Days on Market:
    393

    Property Features for 5050 Poplar Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    276,226 SF
    Total Rate
    448867.25

    Building Details

    Stories
    24

    Unit(s) available at that property

    Space
    Suite 509
    Size
    1,008 SF
    Rate per SF
    $19
    Space
    Suite 611
    Size
    1,680 SF
    Rate per SF
    $19
    Space
    Suite 710
    Size
    797 SF
    Rate per SF
    $19
    Space
    Suite 1025
    Size
    383 SF
    Rate per SF
    $19
    Space
    Suite 1203
    Size
    961 SF
    Rate per SF
    $19
    Space
    Suite 1205
    Size
    722 SF
    Rate per SF
    $19
    Space
    Suite 15XX
    Size
    593 SF
    Rate per SF
    $19
    Space
    Suite 1621
    Size
    1,373 SF
    Rate per SF
    $19
    Space
    Suite 18XX
    Size
    9,540 SF
    Rate per SF
    $19
    Space
    Suite 2025
    Size
    884 SF
    Rate per SF
    $19
    Space
    Suite 1015
    Size
    1,184 SF
    Rate per SF
    $19
    Space
    Suite 1230
    Size
    738 SF
    Rate per SF
    $19
    Space
    Suite 1901
    Size
    2,925 SF
    Rate per SF
    $19
    Space
    Suite 101
    Size
    659 SF
    Rate per SF
    $19
    Space
    Suite 300
    Size
    13,799 SF
    Rate per SF
    $19

    HighLights

    • 24‑story high‑rise office building located on Poplar Avenue in East Memphis.
    • Landmark building with modern exterior and interior upgrades.
    • Features flexible floor plans and a professional tenant mix.
    • Excellent location in the highly sought‑after Poplar Corridor, with nearby housing, shopping, and restaurants.
    • Situated in East Memphis's premier office submarket.
    Property Profile Location Intelligence

    Current Use by Public Records

    Babcock Gifts Office Gift Shop Nu Place Lending Mortgage Lender Mid America Reverse ... Mortgage Lender Independent Bank Mortgage Mortgage Lender Haynes Gregory M ... Accountant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8931636
    Latitude
    35.1129595

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    FAQs

    Where is this office space located?
    The property is located at 5050 Poplar Ave Memphis, TN.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 24-story high-rise office building located on Poplar Avenue in East Memphis.; Landmark building with modern exterior and interior upgrades.; Features flexible floor plans and a professional tenant mix.
    Request Owner's contact information
    5050 Poplar Ave Memphis, TN 38157
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    Memphis, TN 38157
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5050 Poplar Ave Memphis, TN 38157
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