1470 Monroe Ave Memphis, TN 38104-6732
- Office buildings
- 4,692 SF
- 0.31 lot acres
Current Use by Public Records
- Darker Law, PLLC / Law Firm
Property Details for 1470 Monroe Ave
- Year built
- 1910
- Lot size
- 0.31 lot acres
- Property size
- 4,692 SF
- Zone code
- RW
- Property type
- Office buildings
- APN
- 017-024- - -00005
- APU
- 1702400005
Description
This exceptional 1,800 square foot office space is perfectly situated in the vibrant Midtown area. Located within a 6,000 square foot mixed-use building, this unit offers a traditional office layout adaptable to a variety of professional uses. Previously occupied by a law office, the space is ideal for legal professionals, CPAs, creative firms, or other similar businesses seeking a prestigious address. The space is part of a multi-tenant building, offering a collaborative yet professional environment. Enjoy the convenience of gated and secured parking, a significant advantage in this bustling area. The property's prime location offers easy access to several key Midtown attractions, including Central Gardens, Overton Square, The Medical District, and Crosstown Concourse. This is a rare opportunity to secure a well-appointed office space in a highly desirable and convenient location. The available space is 1,800 square feet within a larger 6,000 square foot building. The building itself offers a blend of traditional and creative office spaces, reflecting the dynamic nature of the surrounding neighborhood. This space presents a unique chance to establish or expand your business in a thriving Midtown community. Don't miss this chance to secure your ideal workspace.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $375,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $370,000
- 7%
- $370,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $400,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $380,000
- Retail
- $300,000
- Mixed-Use
- $400,000
- Hospitality
- $390,000
- Educational
- $355,000
- Residential Income
- $375,000
- Energy
- $375,000
- Income-Based Land
- $350,000
- Food Service
- $310,000
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0123
- Latitude
- 35.1378
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA