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    901 Cordova Sta Ave Memphis, TN 38018

    Sponsored
    For Sale
    $4,200,000

    Prime Event Center, High Parking Ratio, Flexible Use

    Property size:
    31,720 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 31,720 square foot Class A event center, located at 901 Cordova Station Ave, Memphis, TN 38018, presents a unique investment opportunity. Built in 2007 on a 3.69-acre lot in Shelby County, this single-story building boasts a remarkable 16-foot ceiling height and offers significant flexibility for various uses. Currently configured as an event center and entertainment complex, it features a large commercial kitchen and ample indoor and outdoor entertainment spaces. The property's impressive 6.31 parking ratio ensures convenient parking for large events and gatherings. Its central location and adaptable design make it ideal for a variety of potential uses, including a church, high-density office space, or medical facility. The asking price is $4,200,000. The property's APN is 09-1025-0-0040. This owner/user investment opportunity offers significant potential for growth and return. The net rentable square footage is 31,720 square feet.

    Property Features for 901 Cordova Sta Ave

    General Information

    Property type
    Wedding venues
    Square Feet
    31,720 SF
    Class
    A
    Lot Size
    160,736 SF

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    1

    HighLights

    • $4,200,000 asking price.
    • 31,720 square foot Class A event center.
    • Located at 901 Cordova Station Ave, Memphis, TN 38018.
    • Built in 2007 on a 3.69‑acre lot.
    • Features a large commercial kitchen and ample indoor/outdoor entertainment space.
    • High parking capacity (6.31 ratio).
    Property Profile Location Intelligence

    Current Use by Public Records

    Eclectic Catering Memphis Caterer Esplanade Memphis Event Venue

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -89.793049449879
    Latitude
    35.151448263904

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    FAQs

    What type of property is this?
    Wedding venue - Prime Event Center, High Parking Ratio, Flexible Use
    Where is this wedding venue located?
    The property is located at 901 Cordova Sta Ave Memphis, TN.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: $4,200,000 asking price.; 31,720 square foot Class A event center.; Located at 901 Cordova Station Ave, Memphis, TN 38018.
    Request Owner's contact information
    901 Cordova Sta Ave Memphis, TN 38018
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    Memphis, TN 38018
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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
    901 Cordova Sta Ave Memphis, TN 38018
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