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    1840 Pyramid Pl Memphis, TN 38132
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    Property profile & analytics

    1840 Pyramid Pl Memphis, TN 38132


    • Office buildings
    • 132,244 SF
    • 1.95 lot acres
    Class A Office Building For Lease
    $12,600,000
    127,075 SF

    Class A Office Building

    Six-story Class A office building in Memphis' Nonconnah Business Park.

    1840 Pyramid Pl, Memphis, TN 38132
    View Listing
    Property ID
    US80-1920885
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The ProLift Rigging Company Business Service Center / Construction Company / General Contractor
    • ATS Transport LLC / Freight Service / Logistics Company
    • Mz. Classy's Boutique Headquarters / Marketing & Advertising / IT Consulting Firm
    • Universal Supportive Care / Home Health Care Service
    • CoactionNet / IT Consulting Firm / Data Center

    Property Details for 1840 Pyramid Pl

    Year built
    2005
    Lot size
    1.95 lot acres
    Property size
    132,244 SF
    Zone code
    EMP
    Property type
    Office buildings
    APN
    060-222- -A-00004-C
    APU
    060222A00004C

    Description

    This exceptional Class A office property, 1840 Pyramid Place, offers 130,399 square feet of versatile space in Memphis, TN. Built in 2004, this six-story building boasts 59 suites, ranging from a minimum of 100 square feet to a maximum contiguous space of 49,228 square feet, making it ideal for a variety of businesses. The property is currently fully vacant and presents a unique opportunity. Located in the Airport submarket within Memphis' Nonconnah Business Park, it benefits from excellent access to major transportation arteries including I-240, I-40, I-55, and I-69, as well as proximity to Memphis International Airport. Amenities include 1,063 parking spaces in a secured and gated deck (5.28/1000 parking ratio), elevators, two truck loading pads, and a comprehensive suite of on-site support facilities. These include an advanced manufacturing technology/testing center, IT service center, maintenance shop, a 9,040 square foot cafeteria, an auditorium, and a concept machine shop. A 300kW diesel generator provides redundant power to key areas, including emergency lighting, elevators, and data centers. This property is situated in an opportunity zone, offering additional investment advantages.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $13,227,000
      Market price range: $8.35M - $25.6M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $15,775,000
      Current use
      MEDICAL BUILDING
      $18,915,000
      Change: +20% Conversion: Easy
      AUTO REPAIR, GARAGE
      $12,820,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.002
    Latitude
    35.0735
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $73,095
    $122,560
    $1,077,360
    $1,199,920
    -
    $306,400
    $2,693,400
    $2,999,800
    View Listing
    More about this property
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