999 Cooper StMemphis, TN 38104

Property Details for 999 Cooper St

Year built

2019

Construction

FRAME

Lot size

0.40 AC

Property size (Sq ft)

14,796 SF

Zone code

CMU-1

Property type

Apartment buildings

APN

031-120- - -00010

APU

3112000010

Description

The Flats at Cooper Young offers exceptional retail space in the vibrant Midtown Memphis, Tennessee market. This 1,665 square foot building, constructed in 2019, features a four-story design and is located at 999 S Cooper St, Memphis, TN 38104. Currently, 555 square feet of retail space is available for lease, offering a fantastic opportunity for businesses seeking a high-visibility location within a thriving community. The property is categorized as commercial retail with multiple tenancy options. Situated in Shelby County, this property benefits from its proximity to the bustling Cooper Young district, known for its unique character and high foot traffic. The available space is located on the ground floor, providing excellent street-level visibility and accessibility for customers. The building's modern construction ensures a contemporary and functional space, ready for immediate occupancy. This is an ideal opportunity for businesses seeking a prominent presence in one of Memphis' most desirable neighborhoods. The property's location offers easy access to major transportation routes, ensuring convenient access for both customers and employees. The available space is perfect for a variety of retail uses, providing a blank canvas for a business to establish its brand and thrive in a dynamic and growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,643,518

  6.5%

  $2,440,170

  7%

  $2,265,872

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,787,919

  Geo Method

  $1,787,919

• Alternative Use

  Use

  Valuation

  Residential

  $2,440,170

  Hospitality

  $2,235,183

  Educational

  $1,859,646

  Medical

  $1,923,602

  Retail

  $2,892,782

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.1183

Longitude

-89.9916

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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