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Property profile & analytics

5100 Poplar Ave Memphis, TN 38137

  • Office buildings
  • 1,172,656 SF
  • 7.79 lot acres
For Lease
Last Sale
Dec 09, 2021
$37,100,000
Value Estimations
$29,795,000
Cap Rate Potential
Location Intelligence
Property ID
US80-1024515
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

  • Pure Dairy Inc. / Dairy Supplier
  • Memphis Plumbing / Plumber
  • JDSII Financial Advisors / Tax Preparation Service / Financial Planner
  • Hydrate Diamonds & Watches / Jewelry Store
  • First Alliance Bank / Loan Agency / Bank

Property Details for 5100 Poplar Ave

Year built
1973
Lot size
7.79 lot acres
Property size
1,172,656 SF
Zone code
CMU-3
Property type
Office buildings
APN
056-033- - -00237
APU
5603300237

Description

This exceptional 3,920 square foot office space is available for sublease in a prime Memphis location at 5100 Poplar Avenue, zip code 38137, Shelby County, Tennessee. The property is a single-tenant occupancy, previously used as a bank branch, and boasts a highly desirable drive-through facility. This offers significant convenience for customers and potential for various business uses. The space benefits from a high-visibility retail presence, ensuring excellent exposure to a large volume of traffic. Ample parking is provided with eight dedicated spaces for employees and clients. The sublease agreement extends until February 28th, 2028, offering a substantial lease term for the prospective tenant. The property's location in Memphis, Tennessee, provides easy access to major transportation routes and a thriving business community. This turnkey solution presents a unique opportunity for businesses seeking a well-established, visible location with convenient amenities. The space is ready for immediate occupancy, eliminating the need for extensive renovations or build-outs. Interested parties are encouraged to inquire promptly to secure this exceptional sublease opportunity. The property's coordinates are 35.112903 latitude and -89.8917299 longitude.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $29,795,000
    ML approach
    $7,905,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-89.8918
Latitude
35.1126
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
$456,500
$2,265,840
$5,228,040
$7,493,880
-
$5,664,600
$13,070,100
$18,734,700
More about this property
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