431 Main St Memphis, TN 38103
- Office Properties & Spaces
- 24,000 SF
- 0.15 lot acres
Current Use by Public Records
- William B. Walk Jr. / Attorney
- John Harrison Jones Architect AIA / Architect
- designshop, pllc / Architect
- Archer Custom Builders Inc / Custom Home Builder
- Disciple Design LLC / Graphic Designer
Property Details for 431 Main St
- Year built
- 1911
- Lot size
- 0.15 lot acres
- Property size
- 24,000 SF
- Zone code
- SM
- Property type
- Office Properties & Spaces
- APN
- 002-105- -F-00001
- APU
- 002105F00001
Description
This exceptional Class A executive office building, located at 431 S Main St in Memphis, Tennessee, offers 19,744 square feet of premium workspace. Situated in the heart of Shelby County, zip code 38103, this property presents a rare opportunity for businesses seeking a prestigious and functional office environment. The building's "Executive Office" subtype signifies a high level of finish and amenity, ideal for companies prioritizing a sophisticated and efficient workspace. The expansive square footage allows for flexible configurations to accommodate various business needs, from individual offices to large open floor plans. The strategic location in Memphis provides excellent access to major transportation routes, enhancing connectivity and convenience for employees and clients alike. This property is currently offered for sale, presenting a compelling investment opportunity in a thriving urban center. The building's Class A designation reflects its superior construction quality, modern design, and high-end features. Interested parties are encouraged to explore the potential of this remarkable property to establish a prominent presence in the Memphis business community. The precise latitude and longitude coordinates are 35.1349054, -90.0591025, facilitating easy location verification and mapping. This is a turnkey solution for businesses seeking immediate occupancy in a highly desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $635,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $810,000
- 6.5%
- $910,000
- 7%
- $835,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $910,000
- Geo Method
- $1,035,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $970,000
- Retail
- $1,020,000
- Mixed-Use
- $895,000
- Hospitality
- $1,045,000
- Educational
- $1,065,000
- Residential Income
- $1,045,000
- Energy
- $765,000
- Income-Based Land
- $775,000
- Food Service
- $990,000
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0593
- Latitude
- 35.135
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
