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    207 Utah Ave Memphis, TN 38106

    Sponsored
    For Sale
    $360,000

    Prime Industrial Location, Build-to-Suit

    Property size:
    6,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 6,600 square foot flex space, located at 207 W Utah Ave, Memphis, TN 38106, presents a unique investment opportunity in Shelby County's thriving industrial sector. Situated on a 0.12-acre corner lot, this vacant property is zoned EMP/Industrial and offers excellent visibility and accessibility, less than half a mile from I-55. The asking price is $360,000. Build-to-suit options are available for lease, allowing for customized development to meet specific business needs. Alternatively, the space could be developed into a business center with multiple smaller, furnished offices ranging from 100 to 1,000 square feet, each potentially including amenities such as WiFi, secured parking, and administrative services. This property's adaptable layout and prime location make it ideal for a variety of businesses seeking flexibility and convenience in a well-established industrial park near Downtown Memphis. The potential for a high-return investment is significant, given the property's location, zoning, and build-to-suit possibilities.

    Property Features for 207 Utah Ave

    General Information

    Property type
    Flex space
    Square Feet
    6,600 SF
    Lot Size
    5,227 SF

    HighLights

    • EMP/Industrial zoning.
    • Less than 0.5 miles from I‑55.
    • Build‑to‑suit lease options available.
    • Potential for development into a business center with furnished offices (100‑1,000 sq ft) including WiFi, secured parking, and administrative services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Omega Temple Church Church

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Hotel & Motel Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.069283630786
    Latitude
    35.11348843803

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    FAQs

    What type of property is this?
    Flex space - Prime Industrial Location, Build-to-Suit
    Where is this flex space located?
    The property is located at 207 Utah Ave Memphis, TN.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: EMP/Industrial zoning.; Less than 0.5 miles from I-55.; Build-to-suit lease options available.
    Request Owner's contact information
    207 Utah Ave Memphis, TN 38106
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    Memphis, TN 38106
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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
    207 Utah Ave Memphis, TN 38106
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