1533 Union Ave | Memphis, TN 38104
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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
Parcel Number | 01-6023-0-0005 | Improvements Assessment | $121,040 |
Land Assessment | $122,880 | Total Assessment | $243,920 |
PROPERTY TAXES
Parcel Number
01-6023-0-0005
Land Assessment
$122,880
Improvements Assessment
$121,040
Total Assessment
$243,920
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