5400 Knight Arnold Rd Memphis, TN 38115
- Day care centers
- 5,170 SF
- 0.64 lot acres
Current Use by Public Records
- Building Blocks Academy / Preschool / Child Care Agency
Property Details for 5400 Knight Arnold Rd
- Year built
- 1963
- Lot size
- 0.64 lot acres
- Property size
- 5,170 SF
- Zone code
- R-6
- Property type
- Day care centers
- APN
- 074-074- - -00036
- APU
- 7407400036
Description
This exceptional 5,000-square-foot daycare building, situated on a 1.04-acre lot at 5400 Knight Arnold Rd in Memphis, Tennessee, presents a unique investment opportunity. Built in 1963, this single-story building is currently vacant and available for lease or purchase beginning January 1, 2026. Boasting a prime location with high visibility on Knight Arnold Road, which sees over 14,000 vehicles daily, this property offers unparalleled exposure. Its R-6 zoning allows for versatile use, including daycare, retail, office, or medical spaces. The property benefits from excellent accessibility with neighboring lots offering potential for additional parking. Surrounded by thriving businesses such as Taco Bell, ALDI, Family Dollar, and Planet Fitness, this location is strategically positioned within a vibrant commercial area. The strong demographics within a 3-mile radius, encompassing a population exceeding 98,000 with an average household income of $66,037, ensure a robust customer base. Proximity to schools, residential communities, and employment centers further enhances its appeal. This property is an ideal choice for businesses targeting families and young professionals. Don't miss this chance to establish your business in a high-traffic, well-established area of Memphis. The property's size, location, and zoning flexibility make it a compelling investment prospect.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $305,000
- 6.5%
- $305,000
- 7%
- $265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $310,000
- Geo Method
- $330,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $330,000
- Retail
- $280,000
- Mixed-Use
- $280,000
- Hospitality
- $335,000
- Educational
- $340,000
- Residential Income
- $300,000
- Energy
- $310,000
- Income-Based Land
- $340,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8838
- Latitude
- 35.0626
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
