1063 Parkway Memphis, TN 38104
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Coletta's Italian Restaurant / Restaurant
Property Details for 1063 Parkway
- Lot size
- 0.45 lot acres
- Property size
- 3,774 SF
- Property type
- Warehouses
- Property subtype
- Office properties & Spaces
Description
This exceptional Memphis property, located at 1063 E Parkway S, offers a versatile 3,774 square foot space ideal for a variety of uses. The property is zoned CL and sits on a 0.45-acre lot, providing ample room for expansion or outdoor operations. The building's industrial nature is complemented by its classification as both residential and traditional office space, offering significant flexibility for potential buyers. The price per square foot is $105.72, representing a strong value in the current market. Situated in Shelby County, Tennessee, with a Memphis zip code of 38104, this location benefits from excellent access to major transportation routes and a thriving local economy. The property's diverse zoning and substantial square footage make it an attractive opportunity for investors seeking a high-return asset with significant potential for future development or adaptation to various business needs. This is a rare chance to acquire a well-positioned industrial property in a desirable Memphis location. The property's versatility, combined with its size and location, makes it a compelling investment opportunity. Serious inquiries are encouraged to explore the full potential of this unique offering.
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
- -89.9849
- Latitude
- 35.1165
