For Sale
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Property summary
CBRE, Inc. is pleased to offer for sale 400 Union Avenue, a highly visible and accessible property on a major street in downtown Memphis, with improvements consisting of a 3 level (2 above grade, 1 below) commercial building with large, controlled access surface parking lot. The building was fully renovated in 2016-2017 for a new Class A recording studio and associated office space. The property is located within CBD zoning. Highly Visible Easily Accessible Major Street Access Controlled Access Parking
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Memphis market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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