1517-1519 Union Ave | Memphis, TN 38104
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1517-1519 Union Ave
Memphis, TN 38104
Retail Property For Sale
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,627 SF
Building Class
C
Year Built
1925
Price
$425,000
Price Per SF
$117
Cap Rate
10.17%
NOI
$43,237
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.20 AC
Zoning
CH - Heavy Commercial Zoning
Parking
4 Spaces (1.1 Spaces per 1,000 SF Leased)
Frontage
41 FT on Union Ave
Amenities
- Pylon Sign
PROPERTY TAXES
Parcel Number | 01-6023-0-0003 | Improvements Assessment | $83,760 |
Land Assessment | $49,880 | Total Assessment | $133,640 |
PROPERTY TAXES
Parcel Number
01-6023-0-0003
Land Assessment
$49,880
Improvements Assessment
$83,760
Total Assessment
$133,640
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