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Property profile & analytics

81 Monroe Ave Memphis, TN 38103

  • Office buildings
  • 26,500 SF
  • 0.08 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US80-0170933
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.

Current Use by Public Records

  • Wells & Associates, PLLC / Law Firm
  • Berry Cooper / Corporate Office
  • The Crump Firm - Architects / Architect / Architecture Firm
  • McNabb, Bragorgos, Burgess & Sorin, PLLC / Law Firm / Legal Services
  • Michael B. Neal / Personal Injury Attorney / Labor Relations Attorney

Property Details for 81 Monroe Ave

Year built
1915
Lot size
0.08 lot acres
Property size
26,500 SF
Zone code
CBD
Property type
Office buildings
APN
002-039- - -00004
APU
203900004

Description

This exceptional office space, located in the heart of Memphis at 81 Monroe Ave, offers two stunning suites, each spanning 3,108 square feet. Ideally situated in Shelby County, Tennessee, this prime location boasts unparalleled access to a wealth of downtown amenities. Imagine your business thriving in this prestigious setting, with convenient proximity to an array of restaurants, shops, boutiques, banks, and everyday conveniences. The building itself features recently upgraded, state-of-the-art elevators, ensuring smooth and efficient access to both the 3rd and 4th floor suites. Each suite offers a sophisticated and functional layout, previously occupied by law offices, and benefits from impressive 12-foot ceiling heights, creating a spacious and airy atmosphere. The "Businessmen's Club" building provides a professional and refined environment, perfect for businesses seeking a prominent downtown address. These full-floor availabilities present a rare opportunity to secure a highly desirable office space in one of Memphis' most sought-after locations. The multiple tenancy structure allows for flexibility and potential for collaboration. The zip code is 38103. Don't miss this chance to establish your business in this exceptional setting.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,405,000
    Market price range: $1.41M - $4.28M
    AI Estimate
    $1,218,000
    Market price range: $1.06M - $4.05M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-90.0538
Latitude
35.1441
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
$22,973
$43,320
$333,800
$377,120
-
$108,300
$834,500
$942,800
More about this property
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