6075 Poplar Ave Memphis, TN 38119
Property profile & analytics
6075 Poplar Ave Memphis, TN 38119
- Office buildings
- 359,219 SF
- 10.18 lot acres
Property ID
US80-1023006
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
- HREC - Memphis Office / Hotel & Motel
- Adams and Reese LLP / Law Firm
- Baertels Eric / Insurance Agency
- Wells Fargo Advisors / Financial Advisor
- Miles Mason Family Law Group, PLC / Law Firm
Property Details for 6075 Poplar Ave
- Year built
- 1986
- Lot size
- 10.18 lot acres
- Property size
- 359,219 SF
- Zone code
- OG
- Property type
- Office buildings
- APN
- 081-002- - -00005-C
- APU
- 08100200005C
Description
This exceptional sublease opportunity presents 2,697 square feet of Class A office space on the ground floor of the Crescent Center, located in Memphis' vibrant East submarket. Situated at the intersection of Poplar and Ridgeway, this single-story space within a ten-story building offers abundant natural light. The building, constructed in 1986 and extensively renovated in 2020, boasts a 12-foot ceiling height and provides convenient access to a fitness center and covered parking (3.47 spaces per 1,000 square feet). The entire 356,188 square foot building offers multiple tenancies, with this specific unit representing the minimum divisible space available. The sublease agreement expires September 30, 2024. Building amenities include elevators and 24-hour access. The property sits on a 6.86-acre lot and is identified by APN 08-1002-0-0005C. This is an ideal location for businesses seeking a modern, well-maintained office space in a prime Memphis location. The space is immediately available.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- Off market
-
CAP approach
- CAP Return
- Estimation
- 6%
- $97,710,000
- 6.5%
- $90,190,000
- 7%
- $83,750,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $69,199,000
- AI Estimate
- $51,193,000
Market price range: $37.8M - $69.2MMarket price range: $17.2M - $52.3M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $49,215,000 Current use
- RESTAURANT
- $110,620,000 Change: +125% Conversion: Moderate
- MEDICAL BUILDING
- $51,385,000 Change: +4% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8609
- Latitude
- 35.1011
- 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
$1,546,365
$4,234,360
$21,150,680
$25,385,040
-
$10,585,900
$52,876,700
$63,462,600
