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Property profile & analytics
OFF-MARKET Estimated value $8,525,000
Office buildings

65 Un Ave Memphis, TN 38103-5196

88,652 SF 0.16 ac lot Built 1924
Individually Owned 2-yr Hold Free & Clear
Property ID
US80-1893870
Property summary
AI-generated overview

This exceptional traditional office space, located at 65 Union Ave in Memphis, Tennessee, presents a unique leasing opportunity. The Cotton Exchange Building offers a single, sizable space encompassing 6,463 square feet, ideal for a company seeking a substantial footprint in a prime location. Situated in Shelby County, with a zip code of 38103, this property benefits from excellent accessibility and visibility. The building's traditional office design provides a classic and professional atmosphere, suitable for a variety of businesses. The multiple tenancy structure ensures a vibrant and collaborative environment. This listing is for a single available space within the larger building, offering ample room for expansion or customization to meet specific business needs. The property's location in the heart of Memphis provides easy access to major transportation routes, amenities, and a thriving business community. Interested parties are encouraged to inquire about lease terms and conditions to secure this remarkable opportunity to establish a presence in a prestigious Memphis address. The precise latitude and longitude coordinates are 35.1433391 and -90.054679 respectively. This is a single-space lease within a multi-tenant building. The property type is classified as a traditional office space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1924
Total area 88,652 SF
Lot 0.16 ac (6,970 SF)
Zoning code CBD
APN 002-042- - -00029
UPID US80-1893870
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Law Offices of Arthur Horne III, PLLC Law Firm
  • Malasri Engineering, PLLC Engineering Consultant
  • Archer Advertising Agency Marketing & Advertising
  • C. Suzanne Landers & Associates Law Firm
  • Summers James B Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.02M
Blend (final) Blend
$8.53M
Owner & transaction history
Cotton Exchange Building · 2 yrs held
Cotton Exchange Building
since 2024
7 recorded transactions
2024
$1,000
2019
Price N/A
2016
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CBD · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $12.7M +40.6%
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