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1533 Union Ave
Memphis, TN 38104

Office Property For Sale

Investment Highlights

  • Investment opportunity
  • Nearby tenants include: West Cancer Center, Midtown Park Family Dentistry and more
  • Access to HWY-79

Executive Summary

This 6,222 square-foot property is available for sale.

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,222 SF
Building Class
C
Year Built/Renovated
1920/2013
Price
$1,285,000
Price Per SF
$207
Cap Rate
7.34%
NOI
$94,380
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,222 SF
Building FAR
0.29
Lot Size
0.50 AC
Zoning
CMU-3 - Commercial Mixed Use Zoning
Parking
20 Spaces (3.21 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-6023-0-0005
Land Assessment
$122,880
Improvements Assessment
$121,040
Total Assessment
$243,920
  • Listing ID: 32721238

  • Date on Market: 8/7/2024

  • Last Updated:

  • Address: 1533 Union Ave, Memphis, TN 38104

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