3684 Mendenhall Rd Memphis, TN 38115
- Retail space
- 21,520 SF
- 2.00 lot acres
Current Use by Public Records
- Retail space
Property Details for 3684 Mendenhall Rd
- Year built
- 1976
- Lot size
- 2.00 lot acres
- Property size
- 21,520 SF
- Zone code
- CMU-1
- Property type
- Retail space
- APN
- 093-417- -K-00011
- APU
- 093417K00011
Description
This exceptional 21,052-square-foot commercial property located at 3684 S Mendenhall Rd, Memphis, Tennessee, is offered at $250,000. Situated in a vibrant Memphis neighborhood, this property presents a significant investment opportunity. The substantial square footage allows for versatile use, adaptable to various business needs. Whether you envision retail space, office space, or a mixed-use development, this property offers the flexibility to accommodate your specific vision. The building's size provides ample room for renovation and customization, allowing you to create a space perfectly tailored to your business requirements. Memphis's thriving economy, particularly its burgeoning healthcare sector with significant expansions by institutions like the University of Tennessee Medical Center and a growing medical device manufacturing sector, contributes to the property's strong investment potential. The property is priced competitively, offering a substantial discount compared to national averages for similar retail properties. This presents a unique chance to acquire prime Memphis real estate at an attractive price point. The property sits on a 0-acre lot. This is a rare opportunity to secure a significant commercial property in a dynamic and growing city.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8854
- Latitude
- 35.0484
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
