2141 Whitten Rd Memphis, TN 38133
- Retail space
- 6,000 SF
- 0.66 lot acres
Current Use by Public Records
- POM Motorsports / Atv Dealer / Atv Repair Shop
Property Details for 2141 Whitten Rd
- Year built
- 2002
- Lot size
- 0.66 lot acres
- Property size
- 6,000 SF
- Zone code
- EMP
- Property type
- Retail space
- APN
- 089-028- -B-00009
- APU
- 089028B00009
Description
This exceptional commercial property, located at 2141 Whitten Road in Memphis, Tennessee, presents a unique investment opportunity. Situated on a 0.661-acre lot with high visibility on Whitten Road (experiencing 45,834 cars daily), this 6,000+ square foot building offers significant potential for a variety of businesses. Constructed in 2002, the sturdy block construction features three distinct spaces: a spacious 3,000+ square foot showroom, a substantial 2,000+ square foot storeroom, and a versatile 1,000+ square foot multi-purpose area. The interior boasts an open and adaptable layout, beginning with exposed sealed concrete floors that extend 60 feet from the showroom's front door to its rear wall. The showroom itself measures 50 feet wide and features a 16-foot high ceiling. Adjacent to the showroom is the 50 x 40 foot storeroom, which includes a convenient roll-up door for easy loading and unloading, as well as a unisex restroom. The multi-purpose area, also 50 x 20 feet, offers two additional west-facing roll-up doors for efficient loading and unloading. A small office is located on the north side of the showroom. The property benefits from ample electrical capacity and three separate heating and cooling units, ensuring optimal climate control throughout the building. This blank canvas awaits your vision and entrepreneurial spirit. The asking price is $1,150,000.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,000,000
- 6.5%
- $920,000
- 7%
- $855,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $573,000
Market price range: $222k - $853k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $500,000 Current use
- MEDICAL BUILDING
- $860,000 Change: +72% Conversion: Difficult
- OFFICE BUILDING
- $715,000 Change: +44% Conversion: Easy
- AUTO REPAIR, GARAGE
- $580,000 Change: +17% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $535,000 Change: +7% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8365
- Latitude
- 35.184
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
