207 Utah Ave Memphis, TN 38106
- Flex space
- 6,600 SF
- 0.12 lot acres
Current Use by Public Records
- Omega Temple Church / Church
Property Details for 207 Utah Ave
- Lot size
- 0.12 lot acres
- Property size
- 6,600 SF
- Property type
- Flex space
Description
This 6,600 square foot flex space, located at 207 W Utah Ave, Memphis, TN 38106, presents a unique investment opportunity in Shelby County's thriving industrial sector. Situated on a 0.12-acre corner lot, this vacant property is zoned EMP/Industrial and offers excellent visibility and accessibility, less than half a mile from I-55. The asking price is $360,000. Build-to-suit options are available for lease, allowing for customized development to meet specific business needs. Alternatively, the space could be developed into a business center with multiple smaller, furnished offices ranging from 100 to 1,000 square feet, each potentially including amenities such as WiFi, secured parking, and administrative services. This property's adaptable layout and prime location make it ideal for a variety of businesses seeking flexibility and convenience in a well-established industrial park near Downtown Memphis. The potential for a high-return investment is significant, given the property's location, zoning, and build-to-suit possibilities.
Value Estimation
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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
- -90.069283630786
- Latitude
- 35.11348843803
