314 Poplar Ave Memphis, TN 38103-1908
- Office buildings
- 3,200 SF
- 0.21 lot acres
Feb 15, 2022
Current Use by Public Records
- Michael J. Baloga Attorney at Law / Bankruptcy Attorney / Legal Services
- Martin R Kriger / Personal Injury Attorney
- Long Umsted Jones & Kriger / Divorce Lawyer
Property Details for 314 Poplar Ave
- Year built
- 1958
- Lot size
- 0.21 lot acres
- Property size
- 3,200 SF
- Zone code
- MU
- Property type
- Office buildings
- APN
- 001-121- - -00023
- APU
- 112100023
Description
This exceptional 3,200 square foot, single-tenant office space boasts a prime corner location at the intersection of Poplar Avenue and North Danny Thomas Boulevard in Downtown Memphis, Shelby County. The Class B building offers excellent visibility and high traffic exposure, with an estimated 25,000 vehicles passing daily. The property features a well-appointed interior including a reception/lobby area, three private offices, one meeting room, and three restrooms. Ample parking is provided with 13 spaces. The building is a single-story structure, totaling 3,200 square feet, currently entirely vacant and ready for immediate occupancy. Its strategic location places it in close proximity to key civic institutions such as the Criminal-General Sessions Court and the Police Department, offering convenient access to essential services and a strong professional presence. This turn-key office space presents a unique opportunity for businesses seeking a high-profile location with significant visibility and convenient amenities. The property is categorized as Traditional Office within the Downtown submarket.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $325,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $516,000
- AI Estimate
- $475,000
Market price range: $170k - $517kMarket price range: $128k - $489k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $325,000 Current use
- MEDICAL BUILDING
- $460,000 Change: +41% Conversion: Easy
- AUTO REPAIR, GARAGE
- $310,000 Change: -5% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0437
- Latitude
- 35.1487
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA