510 Main St Memphis, TN 38103-4488
Property profile & analytics
510 Main St, Memphis, TN 38103-4488
- Investment properties
- 4,662 SF
- 0.10 lot acres
Property ID
US80-0586938
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.
Location Intelligence
Current Use by Public Records
- The Ditty Foundation / Charitable Organization / Social Service Agency
- Vibe & Dime / (Bike/Boat/Book/etc) Store
Property Details for 510 Main St
- Year built
- 1913
- Lot size
- 0.10 lot acres
- Zone code
- SM
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 002-114- - -00009
- APU
- 211400009
Description
This exceptional mixed-use investment opportunity in Memphis, Tennessee, presents two buildings totaling 14,000 square feet on an 8,825-square-foot lot. The property, located at 510-508 South Main Street, boasts a prime location in the heart of the city, zoned SMSD. Built in 1913 and renovated in 2008, the property comprises six units across three stories. 508 South Main Street, a three-story building, offers approximately 9,400 square feet, including a finished basement office space, a rooftop observation room and deck, first-floor retail/studio space, and two two-bedroom, two-bathroom apartments on the second and third floors. 510 South Main Street, a two-story building, encompasses approximately 4,700 square feet, featuring first-floor retail space and a studio apartment in the rear, along with a second-floor two-bedroom, two-bathroom apartment. The property includes a shared six-car parking area, a yard, a pickleball court, and a swim spa. The asking price is $1,988,000, translating to $142 per square foot. This property is ideal for owner-occupants or investors seeking long-term or short-term rental opportunities. The property's unique blend of historical charm and modern amenities makes it a truly remarkable investment prospect. Parcel numbers are 002114 00008 and 002114 00009.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0586
- Latitude
- 35.1335
- 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
$11,040
$28,880
$152,360
$181,240
-
$72,200
$380,900
$453,100
