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    882 Poplar Ave Memphis, TN 38105

    For Sale
    $1,000,000

    0.42-acre lot, excellent location, $1M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.42-acre commercial land parcel, located at 882 Poplar Avenue in Memphis, Tennessee, presents a compelling investment opportunity. The property, identified by APN 051016 00024 & 00025, is priced at $1,000,000, translating to a land value of $54.81 per square foot. The site encompasses a total of 18,246 square feet and consists of two parcels. Its strategic corner location within a Class B location offers significant visibility and accessibility, making it ideal for a variety of commercial developments. Situated in Shelby County, zip code 38105, this property benefits from its proximity to Memphis's vibrant urban core. The address is 882 Poplar Ave, Memphis, TN 38105. This is a rare opportunity to acquire a well-positioned commercial land parcel in a thriving market. The property's size and location make it suitable for a range of commercial uses, offering significant potential for future growth and return on investment. Serious inquiries are encouraged to explore the possibilities of this prime Memphis real estate.

    Property Features for 882 Poplar Ave

    General Information

    Property type
    Land
    Lot Size
    18,295 SF

    HighLights

    • 18,246 SF Land Area
    • 0.42‑Acre Site
    • Two Parcels
    • Class B Location
    • Corner Lot
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Our Kids Clothing Store

    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
    -90.0309578
    Latitude
    35.1455882

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    FAQs

    What type of property is this?
    Land - 0.42-acre lot, excellent location, $1M
    Where is this land located?
    The property is located at 882 Poplar Ave Memphis, TN.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 18,246 SF Land Area; 0.42-Acre Site; Two Parcels
    (901) 881-2070
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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
    882 Poplar Ave Memphis, TN 38105
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