610 Poplar Ave Memphis, TN 38105
This 8,910 square foot, single-story apartment building in Memphis, TN, is situated on a half-acre lot (22,346 sq ft) at 610 Poplar Ave, zip code 38105. Built in 2002, the Class B property currently sits vacant and is offered at $850,000 ($50,000/unit, $95.40/sq ft). The building features 17 bedrooms, each with individual temperature controls, a large kitchen suitable for catering, two large offices, two communal areas, and a large restroom with multiple showers. The property includes an RTU-HVAC system and a sprinkler system. Zoned CMU (Commercial Mixed Use), it's located in multiple overlay districts, offering significant redevelopment potential. The property's location on busy Poplar Avenue near downtown Memphis provides high visibility and accessibility. This presents a unique opportunity for adaptive reuse, catering to a variety of commercial or residential needs. The property's size, amenities, and zoning flexibility make it an attractive investment for those seeking a high-impact property in a prime urban location. The Shelby County APN is 001123 00020.
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
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No recorded transactions found for this property.
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