207 Utah Ave Memphis, TN 38106
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.
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Omega Temple Church Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.