3971 Knight Arnold Rd Memphis, TN 38118
This exceptional 82,000-square-foot office building presents a compelling owner-user opportunity in Memphis, Tennessee. Situated on a generous 4.367-acre lot at 3971 Knight Arnold Rd, 38118, this two-story, traditionally styled building boasts a modern aesthetic, enhanced by renovations completed in 2010. The property features a durable thermoplastic polyolefin (TPO) roof, ensuring long-term protection. Access is controlled via a gated, fenced perimeter with remote entry, providing enhanced security. Ample parking is available with 207 spaces. Convenience is further enhanced by proximity to public transit and its location just one mile from an interstate. Inside, two elevators efficiently serve the building's two stories. Additional amenities include a backup generator for uninterrupted operations and a pleasant picnic area/garden for employee use. The building was originally constructed in 1992 and is zoned for commercial use. The asking price is $3,300,000, translating to a price per square foot of $40.24. This property offers a unique blend of functionality, modern amenities, and a desirable location, making it an ideal investment for businesses seeking a substantial and well-maintained office space.
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James Bryant Pediatrician Physician
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Heather Vinicki Couvillion Physician
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Culver Creative Concepts Marketing & Advertising (Bike/Boat/Book/etc) Store
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Melanie Cobb Physician
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Kacie Barber Physician
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.