Individually Owned Property summary
This exceptional 7,420 square foot multi-tenant property at 2847 Poplar Avenue in Memphis, Tennessee, presents a unique investment opportunity. Currently, 1,380 square feet of space is available for lease, ideal for creative office or medical office use. The building offers a total of 36 parking spaces for tenant and visitor convenience, situated on a 0.755-acre lot. One immediately available space totals 1,980 square feet, perfect for a business seeking a move-in ready solution. The building's classification as both retail and office space reflects its versatility and adaptability to a range of businesses. The available space is brand new and never used, offering a pristine environment for a new tenant. Furthermore, a comprehensive furniture, fixtures, and equipment (FF&E) package is available for the right tenant, streamlining the setup process. The property's location in the vibrant Memphis, TN, 38111 zip code provides excellent access to transportation networks and local amenities. This is an exceptional opportunity to secure prime commercial space in a desirable Memphis location. The property's combination of size, amenities, and location makes it an attractive option for businesses seeking a modern and functional workspace.
Property profile
VerifiedCap rate & NOI
Current use
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Security Service
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Medical Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recycling Drop-off Facility □ □ □ Neighborhood Garden ■ ■ ■ ■ ■ ■ Planned Development1 □ □…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CMU-1 · Memphis, TNPRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recycling Drop-off Facility □ □ □ Neighborhood Garden ■ ■ ■ ■ ■ ■ Planned Development1 □ □…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recycling Drop-off Facility □ □ □ Neighborhood Garden ■ ■ ■ ■ ■ ■ Planned Development1 □ □…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CMU-1 in Memphis, TN.
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Find the owner behind the property.
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