Property summary
This exceptional 6,700 square foot single-story office building, located at 1726 Poplar Avenue, presents a unique opportunity. Situated on a 0.35-acre lot (15,246 square feet), this Class B property boasts a spacious layout ideal for a variety of uses, including traditional office and medical practices. The entire building, comprising a single suite, is currently vacant and available for immediate occupancy. With a 16-foot ceiling height, the space offers ample room for customization and efficient workflow. The building features 50 parking spaces, providing convenient access for staff and clients. Built in 1950, the structure benefits from a flexible CH zoning designation in Shelby County. The building's floor plan is easily adaptable to suit diverse needs, making it an attractive option for businesses seeking a functional and well-located space. The property's location on Poplar Avenue, with its convenient access to N. Evergreen Street, ensures high visibility and accessibility. The building's floor-to-area ratio (FAR) is 0.44. This is a rare opportunity to acquire a fully vacant, single-tenant building in a desirable location. The property is ready for immediate renovation or occupancy.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Association / Organization
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Medical Clinic
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Midwife Family Practice Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations w…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CMU-3 · Memphis, TN3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations w…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations w…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CMU-3 in Memphis, TN.
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