Property summary
This exceptional 10,571 square foot mixed-use property, located at 339 Madison Ave in Memphis, Tennessee's vibrant EDGE District, presents a unique investment and owner-user opportunity. Built in 1923 and extensively renovated between 2014 and 2023, this Class B building boasts two stories and sits on a 0.13-acre lot. The property features multiple floor plans, including two kitchens, four bedrooms, and 2.5 bathrooms. The interior showcases a blend of historic charm and modern updates, with… exquisite wood, intricate tile work, and open floor plans offering versatile creative space. Currently zoned SE, the building's ground floor retail space is leased, providing immediate income potential for an owner-user. Its prime location within the EDGE District, bordering the Medical District and Midtown, places it at the heart of Memphis's burgeoning redevelopment, benefiting from proximity to significant ongoing investments, including a planned $3 billion in new Medical District developments, the recently completed Downtown Malco Theater, and other major projects. The property's walkability and proximity to amenities make it an ideal live-work space. The asking price is $969,000, with a price per square foot of $91.67. This presents a compelling investment opportunity with strong long-term potential in a rapidly growing area, offering convenient access to FedEx Forum and Redbirds Stadium. The surrounding area boasts a significant population density: 14,020 within one mile, 84,479 within three miles, and 157,068 within five miles.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 10,021 SF
- Lot area
- 0.09 ac
- Year built
- 1923
- Stories
- 1
- APN
- 005-001- - -00008
- Zoning
- SE
- Assessed value · 2023
- $158,880
- Annual tax · 2022
- $9,678
- Auto Repair, Garage
- Apartment House (5+ Units)
- Neighborhood: Shopping Center
- Retail Stores · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
This district is intended to permit a mixture of uses and activities that will complement the sports and entertainment facilities that are located in this area.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
- Local Zoning Insight
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