526 Cooper St Memphis, TN 38104
- Warehouses
- 6,004 SF
- 0.18 lot acres
Current Use by Public Records
- Lipford Sheet Metal / Sheet Metal Contractor
Property Details for 526 Cooper St
- Year built
- 1920
- Construction
- FRAME
- Lot size
- 0.18 lot acres
- Property size
- 6,004 SF
- Zone code
- CMU-3
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 028-009- - -00025
- APU
- 2800900025
Description
This exceptional 6,000 square foot building, constructed in 1920, offers a unique opportunity in Memphis' vibrant Midtown submarket, specifically the Overton Square/Cooper-Young cluster. Located at 526 Cooper Street, zip code 38104, this property is zoned CMU and features two suites, each with a minimum divisible space of 3,000 square feet and a maximum contiguous space of 6,000 square feet. Currently, the entire 6,000 square feet is available for lease. The building is a blend of Creative and Traditional Office space, also suitable for retail or restaurant use, making it highly versatile. While it lacks elevators, its prime location in a thriving cultural hub offers unparalleled access to a diverse range of amenities. Nearby attractions include the Cooper-Young Historic District, Overton Square, the Memphis Zoo, and Overton Park, providing employees and clients with abundant leisure options. The area boasts a rich culinary scene, with numerous restaurants within easy walking distance. This property presents a rare chance to establish a presence in one of Memphis' most sought-after neighborhoods, offering a unique blend of work, live, and play opportunities. The building's historic charm combined with its modern adaptability makes it an ideal location for businesses seeking a distinctive and convenient address.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $645,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $785,000
- 6.5%
- $830,000
- 7%
- $880,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $975,000
- Geo Method
- $965,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $815,000
- Retail
- $775,000
- Mixed-Use
- $910,000
- Hospitality
- $955,000
- Educational
- $880,000
- Residential Income
- $900,000
- Energy
- $810,000
- Income-Based Land
- $805,000
- Food Service
- $900,000
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.9901
- Latitude
- 35.1315
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
