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    2847 Poplar Ave Memphis, TN 38111

    Sponsored
    For Lease
    Contact for pricing

    Memphis Office, Medical Space Available

    Lot size:
    7,420 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,420 square foot multi-tenant property at 2847 Poplar Avenue in Memphis, Tennessee, presents a unique investment opportunity. Currently, 1,380 square feet of space is available for lease, ideal for creative office or medical office use. The building offers a total of 36 parking spaces for tenant and visitor convenience, situated on a 0.755-acre lot. One immediately available space totals 1,980 square feet, perfect for a business seeking a move-in ready solution. The building's classification as both retail and office space reflects its versatility and adaptability to a range of businesses. The available space is brand new and never used, offering a pristine environment for a new tenant. Furthermore, a comprehensive furniture, fixtures, and equipment (FF&E) package is available for the right tenant, streamlining the setup process. The property's location in the vibrant Memphis, TN, 38111 zip code provides excellent access to transportation networks and local amenities. This is an exceptional opportunity to secure prime commercial space in a desirable Memphis location. The property's combination of size, amenities, and location makes it an attractive option for businesses seeking a modern and functional workspace.

    Property Features for 2847 Poplar Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,420 SF

    Unit(s) available at that property

    Space
    Medical Suite 3
    Size
    1,980 SF

    HighLights

    • High‑visibility retail space on Poplar Ave.
    • Xfinity‑anchored retail center.
    • Ample parking with 36 spaces.
    • Excellent access via Poplar and Humes Avenues.
    Property Profile Location Intelligence

    Current Use by Public Records

    Xfinity Store by ... Security System Supplier VIPcare Memphis - Poplar ... Medical Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -89.9667817
    Latitude
    35.1341147

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    FAQs

    What type of property is this?
    Medical office - Memphis Office, Medical Space Available
    Where is this medical office located?
    The property is located at 2847 Poplar Ave Memphis, TN.
    What are key features of this property?
    This property features: High-visibility retail space on Poplar Ave.; Xfinity-anchored retail center.; Ample parking with 36 spaces.
    Request Owner's contact information
    2847 Poplar Ave Memphis, TN 38111
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    Memphis, TN 38111
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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
    2847 Poplar Ave Memphis, TN 38111
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