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    505 Tennessee St Memphis, TN 38103

    Sponsored
    For Sale
    Contact for pricing

    3,657 SF renovated office suite. Prime location.

    Property size:
    3,657 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,657-square-foot office condo is situated in the vibrant Lofts at South Bluffs in downtown Memphis, Tennessee. Recently renovated, this space offers a modern and efficient layout, ideal for a variety of professional uses. Imagine your business thriving in this dynamic location, perfectly suited for creative firms, law offices, studios, or design shops. The property's convenient location provides easy access to an adjacent parking garage and ample street parking, eliminating the hassle of finding a spot. Furthermore, the surrounding area boasts an abundance of amenities, including over 25 restaurants within walking distance, along with numerous hotels, attractions, parks, and retail stores. The address is 505 Tennessee Street, Suite 101, Memphis, TN 38103. This prime location in Shelby County offers unparalleled convenience and accessibility. The building's modern design and the suite's recent renovation combine to create a sophisticated and functional workspace. This is a rare opportunity to secure a well-appointed office space in a thriving downtown Memphis neighborhood.

    Property Features for 505 Tennessee St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,657 SF

    HighLights

    • 3,657 SF office condo in Memphis, TN.
    • Recently renovated.
    • Convenient parking with adjacent garage and ample street parking.
    • Ideal for creative, professional, or design firms.
    • Prime location near numerous restaurants, hotels, attractions, parks, and retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    inferno Marketing Agency Anita Dickens Apartment Apartment Building Moretta Anthony MD Emergency Care Physician Digimar Marketing Agency Sos Lofts Apartment Building

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Skin Care Clinic Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0629259
    Latitude
    35.133308

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    FAQs

    What type of property is this?
    Office Property / Space - 3,657 SF renovated office suite. Prime location.
    Where is this office property / space located?
    The property is located at 505 Tennessee St Memphis, TN.
    What are key features of this property?
    This property features: 3,657 SF office condo in Memphis, TN.; Recently renovated.; Convenient parking with adjacent garage and ample street parking.
    (901) 230-0601
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    505 Tennessee St Memphis, TN 38103
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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
    505 Tennessee St Memphis, TN 38103
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