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    3445 Poplar Ave Memphis, TN 38111-4667

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    Property profile & analytics

    3445 Poplar Ave Memphis, TN 38111-4667


    • Strip malls
    • 67,860 SF
    • 7.98 lot acres
    Off-Market
    Property ID
    US80-1183013
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $8,915,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dentist / Dental Office
    • Nina's Nails / Nail Salon
    • Bradley Neal Hines / Physician
    • (HERBALIFE MLM) Total Nutrition / Physician
    • Northcross Phillip R MD / Physician

    Property Details for 3445 Poplar Ave

    Year built
    1970
    Lot size
    7.98 lot acres
    Property size
    67,860 SF
    Zone code
    CMU-1
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    045-126- - -00023-C
    APU
    04512600023C

    Description

    This exceptional commercial property, known as University Center, is situated at 3445 Poplar Avenue in Memphis, Tennessee, within the bustling Shelby County area (zip code 38111). The property offers a diverse range of office spaces suitable for various business needs, encompassing creative, medical, executive, and traditional office configurations. Currently, one retail space totaling 1,254 square feet is immediately available for lease. The building's strategic location provides unparalleled visibility and accessibility, benefiting from high traffic counts: 30,000 vehicles per day (VPD) on Poplar Avenue and 24,000 VPD on South Highland Street. This ensures significant exposure for your business. The property is part of a thriving shopping center, sharing space with established businesses such as Jason's Deli, Buster's Liquors, and Perkins Restaurant. Its proximity to major national retailers and restaurants, including Kroger, Starbucks, Old Navy, McAlister's Deli, Another Broken Egg, and Piccadilly, further enhances its appeal and provides ample amenities for tenants and their clients. The property type is classified as Retail, Office, and Special Purpose, with multiple tenancies available. This presents a unique opportunity to establish your business in a high-traffic, well-established commercial center in the heart of Memphis. Inquire today to learn more about leasing options.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,024,000
      Market price range: $2.17M - $9.02M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $9,705,000
      OFFICE BUILDING
      $8,095,000
      AUTO REPAIR, GARAGE
      $6,580,000
      APARTMENT HOUSE (5+ UNITS)
      $6,235,000
      RETAIL STORES
      $5,980,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9464
    Latitude
    35.1267
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $259,367
    $1,051,840
    $3,205,920
    $4,257,760
    -
    $2,629,600
    $8,014,800
    $10,644,400
    More about this property
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