3219-3225 Watkins St, Memphis, TN 38127
This exceptional retail property, located at 3219-3225 N Watkins St in Memphis, Tennessee, offers a total of 3,212 square feet of commercial space. Currently, the entire building is vacant, presenting a unique opportunity for a single tenant or multiple tenants. The property is ideally situated on the west side of N Watkins Street at Thrift Avenue, providing excellent visibility and accessibility. Flexible space options are available, with a minimum divisible space of 1,160 square feet and a maximum contiguous space of 2,052 square feet. This allows for customization to suit various business needs, from smaller boutiques to larger retail operations. The property is classified as a multi-tenant retail building within Shelby County, offering a prime location in a thriving Memphis commercial district. The address is 3219-3225 N Watkins St, Memphis, TN 38127. The property's central location and ample square footage make it an attractive investment for businesses seeking a strong presence in the Memphis market. With its convenient location and flexible space options, this property is poised for immediate occupancy. Contact us today to learn more about this exciting opportunity.
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
Similar Nearby for Sale
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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.