Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    400 Union Ave Memphis, TN 38103

    • Office buildings
    • 16,525 SF
    • 0.81 lot acres
    For Sale
    View listing
    $5,300,000
    Value Estimation
    Location Intelligence
    Property ID
    US80-2091258
    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.

    Current Use by Public Records

    • Made in Memphis Entertainment / Record Company
    • 4U Recording / Recording Studio
    • Beatroot / Record Company
    • CBee SUPREME / Music Producer

    Property Details for 400 Union Ave

    Year built
    1951
    Lot size
    0.81 lot acres
    Property size
    16,525 SF
    Zone code
    SE
    Property type
    Office buildings
    APN
    007-004- - -00016-C
    APU
    00700400016C

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $545,000

    • CAP approach

      CAP return
      Estimation
      6%
      $690,000
      6.5%
      $635,000
      7%
      $645,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $755,000
      Geo Method
      $700,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $735,000
      Retail
      $835,000
      Mixed-Use
      $825,000
      Hospitality
      $685,000
      Educational
      $660,000
      Residential Income
      $850,000
      Energy
      $755,000
      Income-Based Land
      $820,000
      Food Service
      $670,000

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0441
    Latitude
    35.141
    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
    $42,573
    $155,880
    $543,000
    $698,880
    -
    $389,700
    $1,357,500
    $1,747,200

    Comparable in this City

    • Value Estimation by Request
      88,652 SF

      65 Un Ave

      OFFICE BUILDING (MULTI-STORY) • 88,652 SF
      65 Un Ave, Memphis, TN 38103-5196
      View Details
    • Value Estimation by Request
      268,812 SF

      123 Frnt St

      OFFICE BUILDING (MULTI-STORY) • 268,812 SF
      123 Frnt St, Memphis, TN 38103-3607
      View Details
    • Value Estimation by Request
      0.69 Acres

      201 Ct Ave

      OFFICE BUILDING (MULTI-STORY) • 0.69 Acres
      201 Ct Ave, Memphis, TN 38103-2315
      View Details
    • Value Estimation by Request
      507,568 SF

      40 Main St

      OFFICE BUILDING (MULTI-STORY) • 507,568 SF
      40 Main St, Memphis, TN 38103-2514
      View Details
    • Value Estimation by Request
      13,470 SF

      158 Vance Ave

      OFFICE BUILDING • 13,470 SF
      158 Vance Ave, Memphis, TN 38103-4319
      View Details
    • Value Estimation by Request
      0.54 Acres

      247 Washington Ave

      OFFICE BUILDING • 0.54 Acres
      247 Washington Ave, Memphis, TN 38103-1909
      View Details

    Similar Nearby for Sale

    • $1,030,000
      10,000 SF

      Downtown Area Multi-Tenant Building

      Three-story, 10,000 SF building near downtown Memphis.
      386-390 S Main St, Memphis, TN 38103
      View Details
    • $1,500,000
      15,400 SF

      Memphis Office Building For Sale

      Office building with 15,400 square feet of space.
      119 S Court Ave, Memphis, TN 38103
      View Details
    • $315,000
      2,100 SF

      Downtown Memphis Freestanding Office Building

      2,100 SF fully renovated office space with dedicated parking.
      251 Adams Ave, Memphis, TN 38103
      View Details
    • Contact for pricing

      Downtown Memphis Redevelopment Opportunity

      52,684 SF building in vibrant downtown location.
      122 S Main St, Memphis, TN 38103
      View Details
    • Contact for pricing
      11,250 SF

      Historic Office Building with Warehouse

      Two-story office building with warehouse space in Downtown Memphis.
      189 Jefferson Ave, Memphis, TN 38103
      View Details
    • $1,100,000

      Downtown Memphis Commercial Building

      Multilevel commercial building in Downtown Memphis, ready for renovation.
      371 S Main St, Memphis, TN 38103
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      18,513 SF

      Downtown Historic Class A Office

      Class A historic office building in the heart of Downtown.
      119 South Main St, Memphis, TN 38103
      View Details
    • Contact for pricing
      308,304 SF

      Downtown Memphis Office and Retail

      Office and retail spaces with excellent views and amenities.
      50 N Front St, Memphis, TN 38103
      View Details
    • Contact for pricing
      66,000 SF

      Downtown Memphis Office Building

      66,000 SF Office Space Available
      85 Danny Thomas Blvd, Memphis, TN 38103
      View Details
    • $28 SF/Yr
      3,330 SF

      Downtown Memphis Versatile Retail/Office Space

      Versatile space in downtown Memphis, ideal for retail or office.
      6 W Ge Patterson Ave, Memphis, TN 38103
      View Details
    • $5,900,000
      6,122 SF

      Prime Retail Space Near Hospitals

      Retail space near medical district with high traffic and development.
      785 Union Ave, Memphis, TN 38103
      View Details
    • Contact for pricing
      34,200 SF

      Downtown Memphis Creative Office Space

      Historic building, flexible suites, prime location.
      107 Main St, Memphis, TN 38103
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    400 Union Ave
    Memphis, TN 38103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.