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Property summary
Highland Row, located at 395 S Highland St in Memphis, Tennessee (zip code 38111), offers a unique retail opportunity within a vibrant mixed-use development. This property, categorized as Retail/Restaurants with multiple tenancies, boasts a total building size of 25,065 square feet. Currently, there is 1,627 square feet of vacant space available, including a single, sizable unit of 4,367 square feet, perfect for a variety of restaurant or retail concepts. The building is situated in Shelby County and benefits from its location within Highland Row, a development that combines retail, restaurants, luxury flats, and townhomes, creating a high-traffic, high-visibility environment. This synergistic mix of uses ensures a diverse customer base and strong foot traffic. The available space presents a chance to establish a presence in a thriving Memphis community, attracting both residents and visitors. The property's prime location and the overall appeal of Highland Row make this an exceptional opportunity for businesses seeking a high-profile location with significant growth potential. Interested parties should inquire about lease terms and availability for the 4,367 square foot space. The property's address is easily accessible and well-suited for both customer and employee convenience.
Property profile
VerifiedCap rate & NOI
Current use
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Apartment Building Apartment Rental Agency
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Cafe & Coffee Shop
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
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
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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