Property profile

139 Madison Ave Memphis, TN 38103

OFF-MARKET
Retail space
Property ID
US80-0735016
16,463 SF 0.06 ac lot Built 1910
Entity Owned 23-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This mixed-use property is located on Madison Avenue and contains approximately 13,000 square feet of building area. The building is configured for mixed-use purposes, supporting multiple functional uses within the same property.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Total area 16,463 SF
Lot 0.06 ac (2,657 SF)
Zoning code SE
APN 002-059- - -00001
UPID US80-0735016

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

139 Madison Ave Memphis, TN 38103-2623
Memphis metro Census 4200 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2003
1 recorded transaction
2003
Price N/A

Zoning & alternative use

SE · Memphis, TN
Zoning description

7.2.1 Sports and Entertainment (SE) District Memphis/Shelby County Unified Development Code 294 ZTA 24-2 7.2 SOUTH CENTRAL BUSINESS IMPROVEMENT DISTRICT (SCBID) Sports and Entertainment (SE) District A. Boundaries As ind…

General category UNKNOWN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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