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Property profile & analytics
OFF-MARKET
Office Spaces

3971 Knight Arnold Rd Memphis, TN 38118

82,000 SF 4.37 ac lot Built 1992
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1992
Total area 82,000 SF
Lot 4.37 ac (190,227 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
Current use
Occupant on record · Public records
  • James Bryant Pediatrician Physician
  • Heather Vinicki Couvillion Physician
  • Culver Creative Concepts Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Melanie Cobb Physician
  • Kacie Barber Physician
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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