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    4700 Knight Arnold Rd Memphis, TN 38118-3235

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    4700 Knight Arnold Rd Memphis, TN 38118-3235


    • Banks
    • 3,139 SF
    • 0.35 lot acres
    Off-Market
    Last Sale Aug 30, 2023
    $365,000
    Property ID
    US80-1592605
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ATM (Suntrust Bank) / Atm

    Property Details for 4700 Knight Arnold Rd

    Year built
    1971
    Lot size
    0.35 lot acres
    Property size
    3,139 SF
    Zone code
    CMU-2
    Property type
    Banks
    APN
    073-080- - -00031-C
    APU
    07308000031C

    Description

    This exceptional 3,139 square foot free-standing retail building presents a unique investment opportunity in a high-traffic area of Memphis, Tennessee. Located at 4700 Knight Arnold Road, Shelby County, this single-tenant property sits on a substantial 3.5-acre lot and benefits from excellent visibility and accessibility. The building's former use as a bank includes a convenient drive-thru, a feature highly desirable for various retail concepts. Its location at the corner of Knight Arnold Road and Perkins Road provides easy ingress and egress, capitalizing on the high volume of traffic—25,000 vehicles per day—at the nearby intersection. The property is situated in a thriving retail corridor anchored by a popular Super Lo grocery store and surrounded by other established businesses including Dollar General, Advance Auto Parts, AutoZone, Dollar Tree, Sav-a-Lot, and Family Dollar. This ensures high foot traffic and strong consumer presence. Importantly, this building qualifies as a red zone CRA branch, presenting additional investment incentives. The entire 3,139 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs. This property is ideal for a variety of retail uses, including restaurants and other businesses seeking a high-visibility location in a densely populated area of Memphis. The ample land provides significant potential for future expansion or development.


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    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9068
    Latitude
    35.0627
    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
    $13,441
    $38,440
    $182,200
    $220,640
    -
    $96,100
    $455,500
    $551,600
    More about this property
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