Property summary
This exceptional 89,715-square-foot executive office building presents a unique investment opportunity in Memphis, Tennessee. Situated on a sprawling 350-acre lot at 7101 Goodlett Farms Pkwy, Cordova, zip code 38016, this single-tenant property offers unparalleled flexibility. Constructed in 1997, the building boasts a single story design, providing convenient and efficient use of space. The property is classified as Class C and is currently entirely vacant, presenting a blank canvas for a discerning tenant or investor. Its expansive footprint allows for a variety of configurations to suit diverse business needs. Located in Shelby County, this property benefits from excellent accessibility and visibility. The substantial lot size offers ample room for expansion or future development, adding significant long-term value. This is a rare opportunity to acquire a large, single-tenant office building in a prime Memphis location, ready for immediate occupancy or redevelopment. The property's size and location make it ideal for a variety of uses, from corporate headquarters to a large-scale office campus. The 1997 construction date provides a solid foundation for a long-term investment, while the vacant status allows for complete customization to meet specific requirements. Don't miss this chance to secure a significant commercial property in a thriving Memphis market.
Property profile
VerifiedCap rate & NOI
Current use
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Postal Service Courier Service
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Industrial Manufacturer Production Facility
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Production Facility Factory
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R-6 · Cordova, TNZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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