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Property profile

1726 Poplar Ave Memphis, TN 38104

FOR SALE
Medical Office Space
Property ID
US80-3176609
3,179 SF 0.35 ac lot Built 1950
Entity Owned 1-yr Hold Free & Clear
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For Sale
Contact for pricing 3,179 SF
1726 Poplar Ave, Memphis, TN 38104
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Property summary

AI-generated overview

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

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1950
Total area 3,179 SF
Lot 0.35 ac (15,290 SF)
Zoning code CMU-3
APN 020-063- - -00018-C
UPID US80-3176609

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
  • Physician
  • Physician
  • Association / Organization
  • Medical Clinic
  • Midwife Family Practice Physician

Location

1726 Poplar Ave Memphis, TN 38104
Memphis metro Census 2600 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
$710k
Comparable Approach Comparable
$672k
Blend (final) Blend
$625k

Owner & transaction history

since 2025
Last sale
$682,500
6 recorded transactions
2026
Price N/A
2025
$682,500
2021
$780,000
2018
Price N/A
2008
$750,000
1969
Price N/A

Zoning & alternative use

CMU-3 · Memphis, TN
Zoning description

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…

General category MIXED_USE

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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