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Property profile & analytics
OFF-MARKET
Neighborhood centers

521-529 Highland St Memphis, TN 38111

17,940 SF
Property ID
Property summary
AI-generated overview

Highland Row, located at 521-529 S Highland Street in Memphis, Tennessee (zip code 38111), offers a prime retail opportunity within a vibrant commercial strip center. This 17,940 square foot property currently has 3,509 square feet of vacant space available, perfect for a variety of businesses. The available spaces are divisible, with a minimum leasable area of 1,200 square feet and a maximum contiguous space of 2,309 square feet. This makes it ideal for both smaller businesses seeking a manageable footprint and larger enterprises requiring more expansive space. The property's location within Shelby County, a short walk from the University of Memphis, places it within the bustling Highland Strip entertainment district, ensuring high foot traffic and visibility. This presents an exceptional chance to establish a presence in a thriving area with a diverse customer base. The property's classification as a multi-tenant building offers the potential for synergistic relationships with neighboring businesses. This location offers an ideal blend of accessibility, visibility, and proximity to a significant population base, making it an attractive investment for discerning businesses seeking a strong foothold in the Memphis market. The property is categorized as retail, specifically a commercial strip center.

Property profile
Verified
Property type Neighborhood centers
Total area 17,940 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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