2183-2185 Young Ave Memphis, TN 38104
This exceptional 4,888 square foot retail property, situated on a 0.553-acre lot, presents a unique investment opportunity in the vibrant Cooper Young district of Midtown Memphis, Tennessee. The building, constructed of brick, currently operates as a fitness center with multiple tenants. A significant portion of the space, totaling 2,200 square feet, is currently vacant and ready for immediate occupancy. The property's location within Cooper Young offers unparalleled access to a thriving entertainment district, ensuring high visibility and foot traffic. The address is 2183-2185 Young Avenue, Memphis, TN 38104, within Shelby County. This presents a chance to acquire a well-positioned property in a high-demand area, ideal for a variety of retail uses. The existing structure provides a solid foundation for a new business or expansion of an existing one. The ample square footage allows for flexibility in layout and design, catering to diverse operational needs. The 0.553-acre lot offers potential for future development or expansion, adding further value to this already attractive investment. The property's strong location within a bustling entertainment district makes it an exceptional opportunity for businesses seeking high visibility and a vibrant customer base. Serious inquiries are encouraged to explore this promising retail space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.