671 Ericson Rd Cordova, TN 38018-1006
- Office buildings
- 7,403 SF
- 0.45 lot acres
Current Use by Public Records
- Fairhaven Treatment Center / Eating Disorder Treatment Center
- Farmers Insurance / Insurance Agency
- Deborah Hulette Insurance / Insurance Agency
Property Details for 671 Ericson Rd
- Year built
- 1998
- Lot size
- 0.45 lot acres
- Property size
- 7,403 SF
- Zone code
- CA
- Property type
- Office buildings
- APN
- 091-053- - -00037
- APU
- 9105300037
Description
This exceptional investment opportunity presents a two-story, 7,403-square-foot office building situated on a 0.896-acre lot in Memphis, Tennessee's Northeast Submarket. Built in 1998, this Class B property offers versatile space suitable for executive, medical, or traditional office uses. The building is currently for sale by owner and presents a unique owner/user opportunity. The property includes three parcels: the main 0.896-acre parcel with the building, plus two additional adjacent parcels totaling 0.94 acres (0.49 acres and 0.45 acres). These parcels are available for sale individually or together with the building, providing flexibility for various development or expansion scenarios. The asking price for the building is $825,000, while the additional parcels are priced separately at $80,000 and $55,000 respectively. This prime location in Shelby County, with its address at 671 N Ericson Rd, zip code 38018, offers significant potential for growth and return on investment. The property's size and location make it an attractive option for businesses seeking a well-established presence in the Memphis market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cordova
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.7756
- Latitude
- 35.1435
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
