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Property profile & analytics
OFF-MARKET
Flex space

207 Utah Ave Memphis, TN 38106

6,600 SF 0.12 ac lot
Property ID
US80-1564885
Property summary
AI-generated overview

This 6,600 square foot flex space, located at 207 W Utah Ave, Memphis, TN 38106, presents a unique investment opportunity in Shelby County's thriving industrial sector. Situated on a 0.12-acre corner lot, this vacant property is zoned EMP/Industrial and offers excellent visibility and accessibility, less than half a mile from I-55. The asking price is $360,000. Build-to-suit options are available for lease, allowing for customized development to meet specific business needs. Alternatively, the space could be developed into a business center with multiple smaller, furnished offices ranging from 100 to 1,000 square feet, each potentially including amenities such as WiFi, secured parking, and administrative services. This property's adaptable layout and prime location make it ideal for a variety of businesses seeking flexibility and convenience in a well-established industrial park near Downtown Memphis. The potential for a high-return investment is significant, given the property's location, zoning, and build-to-suit possibilities.

Property profile
Verified
Property type Flex space
Total area 6,600 SF
Lot 0.12 ac (5,227 SF)
UPID US80-1564885
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Omega Temple Church Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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