4299 Elvis Presley Blvd Memphis, TN 38116
This exceptional Memphis, Tennessee property, located at 4299 Elvis Presley Blvd, offers 12,953 square feet of versatile commercial space in a single, one-story building. Situated on 1.3 acres of land in the Whitehaven submarket, this Class B building boasts a prime location on the iconic Elvis Presley Boulevard. Recently renovated in 2024, the property features a mix of office space types, including medical, traditional, executive, coworking, and creative office options. The building is currently partially vacant, with 5,750 square feet available for lease. Individual suites range from 180 to 3,300 square feet, providing flexibility for businesses of various sizes. Built in 1965, this property offers a blend of classic charm and modern updates, making it an ideal location for businesses seeking a unique and convenient space in a high-traffic area. The property's location on Elvis Presley Boulevard ensures high visibility and accessibility, while the recent renovations guarantee a modern and efficient workspace. The available space presents a fantastic opportunity for businesses looking to establish or expand their presence in the vibrant Memphis market. The property's diverse suite sizes cater to a wide range of business needs, offering a flexible and adaptable environment. This is a rare opportunity to secure a well-located, renovated commercial space in a thriving Memphis neighborhood.
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Rickey N. Hudson MD Pediatrician Physician
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Johnson Jr Joseph DDS Dental Office
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Prabha Sudheendran MD Pediatrician Medical Clinic
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Ultrasound Imaging Medical Clinic
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Total Health Care Associates Medical Clinic
3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations with direct access to arterials. Residential uses are allowed on the ground floor but upper -story units are encouraged. Typical uses in this…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
CMU-3 · Memphis, TN3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations with direct access to arterials. Residential uses are allowed on the ground floor but upper -story units are encouraged. Typical uses in this district serve regional needs. The permitted uses are generally uses not of a neighborhood or general commercial type, but serve large areas of the City and County. 2.2.4 District Intent Statements Article 2 Districts and Uses 2.2.4 Predominantly Industrial Districts Memphis/Shelby County Unified Development Code 16 ZTA 24-2 E. Central Business (CBD) The CBD District is intended to accommodate high -intensity office, employment and residential uses within downtown. The district regulations recognize and support downtown's role as a center of regional importance and as a primary hub for business, communications, office, living, government, retail, cultural, educational, visitor accommodations, and entertainment. The district promotes vertical mixed -use (residential/nonresidential) projects that contain active ground- floor uses. F. Campus Master Plan (CMP-) The campus master plan districts are intended to accommodate office, research and development, residential, light manufacturing and processing uses and other campus-like developments, such as hospitals, colleges and universities, allowing for clustering opportunities that h elp improve overall efficiency. Limited retail, restaurant and commercial uses are allowed, however, such uses are primarily for the convenience of employees or users of the campus. 1. Campus Master Plan - 1 (CMP-1) The CMP-1 District is intended to accommodate new development where the land -use pattern is predominately urban in character. New development should be urban in character with an emphasis on compact, vertical, pedestrian-oriented, mixed use development that fit seamlessly into the built environment. Landscaping requirements are reduced and buildings are pulled up much closer to the street. 2. Campus Master Plan - 2 (CMP-2) The CMP-2 District is intended to accommodate new development where the land -use pattern is predominately suburban in character or where such a land use pattern is desired in the future. New development should be suburban in character with an emphasis on low -rise buildings that blend flawlessly into the natural environment. Landscaping requirements are significant and development patterns are characterized by deep, gracious setbacks.
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