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    5400 Knight Arnold Rd Memphis, TN 38115

    For Lease
    Contact for pricing

    5,000 SF Daycare, High Traffic Area

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 5,000-square-foot daycare building, situated on a 1.04-acre lot at 5400 Knight Arnold Rd in Memphis, Tennessee, presents a unique investment opportunity. Built in 1963, this single-story building is currently vacant and available for lease or purchase beginning January 1, 2026. Boasting a prime location with high visibility on Knight Arnold Road, which sees over 14,000 vehicles daily, this property offers unparalleled exposure. Its R-6 zoning allows for versatile use, including daycare, retail, office, or medical spaces. The property benefits from excellent accessibility with neighboring lots offering potential for additional parking. Surrounded by thriving businesses such as Taco Bell, ALDI, Family Dollar, and Planet Fitness, this location is strategically positioned within a vibrant commercial area. The strong demographics within a 3-mile radius, encompassing a population exceeding 98,000 with an average household income of $66,037, ensure a robust customer base. Proximity to schools, residential communities, and employment centers further enhances its appeal. This property is an ideal choice for businesses targeting families and young professionals. Don't miss this chance to establish your business in a high-traffic, well-established area of Memphis. The property's size, location, and zoning flexibility make it a compelling investment prospect.

    Property Features for 5400 Knight Arnold Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF

    Building Details

    Year Built
    1963
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    5,000 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Building Blocks Academy Child Care Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -89.8837088
    Latitude
    35.0625269

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    FAQs

    What type of property is this?
    Retail property - 5,000 SF Daycare, High Traffic Area
    Where is this retail property located?
    The property is located at 5400 Knight Arnold Rd Memphis, TN.
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    Memphis, TN 38115
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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
    5400 Knight Arnold Rd Memphis, TN 38115
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