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    Property profile & analytics

    137-143 Madison Ave Memphis, TN 38103

    • Retail properties
    For Sale
    View listing
    $1,800,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 137-143 Madison Ave

    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0516
    Latitude
    35.1447

    Comparable in this City

    • Value Estimation by Request
      93,613 SF

      158-164 Madison Ave

      Restaurants • 93,613 SF
      158-164 Madison Ave, Memphis, TN 38103
      View Details
    • Value Estimation by Request

      122 Gayoso Ave

      Office space
      122 Gayoso Ave, Memphis, TN 38103
      View Details
    • Value Estimation by Request
      3,500 SF

      66 Front St

      Office space • 3,500 SF
      66 Front St, Memphis, TN 38103
      View Details
    • Value Estimation
      $315,000
      2,149 SF

      694 Riverside Dr

      CONVENIENCE STORE • 2,149 SF
      694 Riverside Dr, Memphis, TN 38103-4610
      View Details
    • Value Estimation
      $540,000
      3,244 SF

      186 Danny Thomas Blvd

      CONVENIENCE STORE • 3,244 SF
      186 Danny Thomas Blvd, Memphis, TN 38103-1936
      View Details
    • Value Estimation by Request
      13,316 SF

      648-656 Marshall Ave

      Restaurants • 13,316 SF
      648-656 Marshall Ave, Memphis, TN 38103
      View Details

    Similar Nearby for Sale

    • $1,800,000

      Madison Ave. Retail Investment Opportunity

      Five-story building, prime Memphis location.
      137-143 Madison Ave, Memphis, TN 38103
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    • Contact for pricing
      4,210 SF

      Downtown Memphis Mixed-Use Gem

      4,210 SF, Vacant, Redevelopment Opportunity
      433 Madison Ave, Memphis, TN 38103
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    • $1,200,000
      3,500 SF

      Downtown Memphis Creative Office Condo

      Prime location, high-growth area, multi-tenant income.
      66 Front St, Memphis, TN 38103
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    • $900,000

      Downtown Memphis Mixed-Use Investment

      High-visibility mixed-use property in the heart of Downtown Memphis.
      18 N 2Nd St, Memphis, TN 38103
      View Details
    • Contact for pricing
      14,900 SF

      Downtown Memphis Executive Office Building

      Historic 3-Story Office Building, 14,900 SF
      26 Main St, Memphis, TN 38103
      View Details
    • $3,500,000
      35,000 SF

      Downtown Memphis Investment Opportunity

      Historic 3-Story Venue, 35,000 SF
      409 Main St, Memphis, TN 38103
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      34,200 SF

      Downtown Memphis Creative Office Space

      Historic building, flexible suites, prime location.
      107 Main St, Memphis, TN 38103
      View Details
    • Contact for pricing
      24,141 SF

      Memphis Medical Office Space

      Prime Medical Office Suites Available in Memphis
      430 Monroe Ave, Memphis, TN 38103
      View Details
    • Contact for pricing
      9,203 SF

      Downtown Memphis Creative Office Space

      Modern, move-in ready office/retail; flexible layouts.
      110 Court Ave, Memphis, TN 38103
      View Details
    • $28 SF/Yr
      3,330 SF

      Downtown Memphis Versatile Retail/Office Space

      Versatile space in downtown Memphis, ideal for retail or office.
      6 W Ge Patterson Ave, Memphis, TN 38103
      View Details
    • $5,900,000
      6,122 SF

      Prime Retail Space Near Hospitals

      Retail space near medical district with high traffic and development.
      785 Union Ave, Memphis, TN 38103
      View Details
    • Contact for pricing
      29,112 SF

      Memphis Retail Space - Monroe Blvd

      High-profile Memphis retail, 5 suites available
      421 Monroe Blvd, Memphis, TN 38103
      View Details
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    137-143 Madison Ave
    Memphis, TN 38103
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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
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