3245 3Rd St Memphis, TN 38109
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Neighborhood centers
Property Details for 3245 3Rd St
- Property type
- Neighborhood centers
- Property subtype
- Retail properties & Spaces
Description
This exceptional retail opportunity in South Memphis presents two vacant suites totaling 5,800 square feet within a single-story, 1-building strip center. Situated on a 1.49-acre lot, the property boasts excellent visibility and exposure to high traffic flow in both directions along South Third Street. The zoning is Commercial, and the property is located in Shelby County, Tennessee, zip code 38109. Each suite offers a minimum of 1,600 square feet of divisible space, with a maximum contiguous space of 4,200 square feet. This makes it ideal for a variety of retail uses, from smaller boutiques to larger businesses requiring more space. The property's prime location in the South submarket of Memphis ensures strong potential for attracting customers and building a thriving business. The address is 3245 S 3rd St, Memphis, TN. This is a rare opportunity to secure a well-positioned retail space in a high-traffic area of Memphis. The property's size and layout offer flexibility for various business needs, making it an attractive investment for both established businesses and new ventures. The convenient location and high visibility make this a must-see for any retailer looking to establish or expand their presence in the Memphis market.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0598
- Latitude
- 35.0602
