619 Madison Ave Memphis, TN 38103
Property profile & analytics
619 Madison Ave Memphis, TN 38103
- Auto shops
- 3,503 SF
- 0.29 lot acres
Property ID
US80-1588262
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
- Auto shops
Property Details for 619 Madison Ave
- Year built
- 1948
- Lot size
- 0.29 lot acres
- Property size
- 3,503 SF
- Zone code
- CBD
- Property type
- Auto shops
- APN
- 007-033- - -00002
- APU
- 703300002
Description
This exceptional 3,503 square foot retail property, located at 619 Madison Avenue in Memphis, Tennessee, presents a unique investment opportunity. Currently configured as a four-bay mechanic shop, this versatile space offers significant potential for a variety of retail uses. Situated in the heart of Memphis, near the downtown core, this property benefits from high visibility and excellent access to major transportation routes. The asking price is $499,000, translating to a price per square foot of $149.87. The property is zoned for retail use and features a single unit within a shopping center setting. Its convenient location within Shelby County, zip code 38103, ensures easy access to a large customer base. The property's size and location make it ideal for a variety of retail businesses seeking a high-traffic location in a thriving urban environment. This is a rare opportunity to acquire a well-positioned retail space in a desirable Memphis neighborhood. The property's existing structure provides a solid foundation for immediate occupancy or potential redevelopment, offering flexibility to suit the needs of a discerning buyer. Serious inquiries are encouraged to explore this promising investment prospect. The property is ready for immediate possession.
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
- -90.0404
- Latitude
- 35.1416
- 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
$3,589
$49,840
$9,080
$58,920
-
$124,600
$22,700
$147,300
