3092 Poplar Ave Memphis, TN 38111-3536
- Strip malls
- 72,481 SF
- 4.60 lot acres
Jan 27, 2023
Current Use by Public Records
- Beyond The Spa LLC / Spa
- Ginny Bea Boutique / Clothing Store
- Lese's Boutique / Boutique
- Inspire Body Therapy Inc. / Nail Salon / Medical Spa
- Boshi Botanicals / Health And Beauty Shop / Beauty Product Supplier
Property Details for 3092 Poplar Ave
- Year built
- 1970
- Lot size
- 4.60 lot acres
- Property size
- 72,481 SF
- Zone code
- CMU-1
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 044-012- - -00003
- APU
- 4401200003
Description
This exceptional Memphis commercial property, Chickasaw Oaks, offers 67,525 square feet of versatile space at 3092 Poplar Ave, zip code 38111, in Shelby County, Tennessee. Built in 1970, this two-story building boasts a prime location with excellent visibility and high traffic counts. Walnut Grove Road sees 16,000 vehicles per day, while Poplar Avenue boasts an impressive 32,000 vehicles per day. The property is currently configured as a mix of retail and creative office space, with multiple tenants in place. One retail space of 1,371 square feet is currently available. The building's diverse tenant mix includes established businesses such as La Baguette Bakery, Regional One Health, Results Physiotherapy, Lisa Mallory, Mahogany Restaurant, and Seize the Clay. The property features convenient second-floor storage and flexible office space, catering to a variety of business needs. This property presents a unique opportunity to acquire a well-located, established commercial building in a thriving Memphis neighborhood. The property is classified as Retail, Office, and Special Purpose, with a Creative Office and Retail subtype.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,795,000
- ML approach
- $2,925,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,801,000
- AI Estimate
- $2,394,000
Market price range: $2.31M - $9.64MMarket price range: $1.82M - $5.51M
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Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.9587
- Latitude
- 35.1328
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA